People gain utility from occupying a higher ranked position in the income distribution of the reference group. This … the German Socioeconomic Panel dataset (SOEP), a subjective question on Life Satisfaction, and three different sets of non … economic ladder. By contrast, the Life Satisfaction reaction to changes in economic status is significantly lower among …

. Our SWB measures encapsulates both life satisfaction and mental health, and we consider both relative and absolute … movements in income. We find that relative income mobility is a significant predictor of life satisfaction and mental health …

We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades … distribution of annual earnings in Germany. We find that cross-sectional inequality rose until 2009 for men and women. After the …

Germany in the eighties and nineties. Special emphasis is given to the separation of permanent and transitory components, the … that 52 to 69 percent of income inequality in West Germany were due to permanent differences between individuals and that … poor individuals stayed in poverty for two years on average. In East Germany, the contribution of the permanent component …

inequality observed in Germany between 1992 and 2007, using the German Socio-Economic Panel (GSOEP) database, deriving the …