We use British panel data to determine the exogenous impact of income on a number of individual health outcomes … allow us to make causal statements regarding the effect of income on health, as the amount won by winners is largely … exogenous. Positive income shocks have no significant effect on general health, but a large positive effect on mental health …

income and parental education) remain good predictors of well-being over 50 years later. In terms of the proximal covariates …, mental health and social participation are the strongest predictors of both measures of well-being in older age. However …

between children and subjective well-being is positive only in developed countries, and for those who become parents after the …There is mixed evidence in the existing literature on whether children are associated with greater subjective well … age of 30 and who have higher income. We also provide evidence of a positive selection into parenthood, whereby happier …

depression reduces their children's cognitive and non-cognitive skill scores by 5 to 7% of a SD throughout adolescence. Our …

This paper considers the effect of status or relative income on work effort combining experimental evidence from a gift …. The individual's rank in the income distribution is a stronger determinant of effort than others' average income …: those who received higher income offers or had higher income rank in the past exert lower levels of effort for a given …