we estimate the impact of a negative income shock on crime. Our identification strategy exploits the phylloxera crisis …

The answer is that people's evaluations of their income situation are based on different considerations when the … of others undercuts the tendency for happiness to grow with an increase in one's own income, and happiness remains fairly … for income evaluations turns inward. "Financial hardship", the shortfall from one's own previous peak income, takes over …

The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … for the contradiction is social comparison. At a point in time those with higher income are happier because they are …

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 …

This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960 …

-term positive association between the growth of happiness and income, arising from fluctuations in macroeconomic conditions, with …

We explore the relationships between subjective well-being and income, as seen across individuals within a given … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same … whether we compare individuals or countries, suggesting that absolute income plays an important role in influencing well …

This paper uses a gravity model of migration to analyze how income differentials affect the flow of immigrants into U ….S. states using annual data from the American Community Survey. We add to existing literature by decomposing income …

Contrary to previous findings, we find a systematic and economically sizeable relationship between income levels and …