Deckers, Thomas; Falk, Armin; Schildberg-Hörisch, Hannah - Forschungsbasierte Infrastruktureinrichtung … - 2013
We study the effect of real versus nominal income on life satisfaction. According to economic theory real income, i.e., nominal income adjusted for purchasing power, should be the relevant source of life satisfaction. Previous work, however, has only studied the impact of nominal income. We use...
