We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index …, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann …

Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over … from lowest to highest LS, though their average income was always higher. In spite of rapid income growth up to 2008 …/09, the less educated showed no rise in LS, while highly educated LS rose after the crash despite declining real income. In …

-quality panel data from the German Socio-Economic Panel. We also contribute to the rapidly growing literature on life satisfaction … by testing if more satisfied people live longer. Our results clearly confirm the importance of income, education and … marriage as important factors in determining longevity. For example, a one-log point increase in real household monthly income …

income shocks. We document that unexpected income changes significantly impact an individual's life satisfaction, and the … satisfaction, while transitory income shocks have minimal impact. We also find that life satisfaction regarding external factors … such as family income and leisure activities is more sensitive to income shocks than life satisfaction related to social …

satisfaction with life to the same extent as a change in health satisfaction would do. In other words, we estimate the income … income equivalent for various diseases. This method uses answers to well-being and health satisfaction questions as posed in … health status. The paper presents estimates of the equivalent income change that would be necessary to change general …

sensitivity of income estimates used in valuation. We address the endogeneity issue by decomposing wellbeing losses into those … relative who had not had an accident. We use of the Fixed Effects Filtered (FEF) estimator to enable the permanent income … coefficient to be estimated free from individual fixed effects bias. This estimate is used instead of the transient income effect …

This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using … novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find … for other reference groups, such as neighbours. Work-related income comparisons are mostly upwards and there is a strong …

satisfaction and affect are more than twice as sensitive to negative economic growth as compared to positive growth. We use Gallup …