It is widely assumed that since income is usually found to account for a relatively small proportion of the variance across individuals in self-reported well-being, money does not matter for personal happiness. This hypothesis is re-examined in this paper by including measures of household...

Currently, we observe in the social and behavioral sciences an increasing demand on complex longitudinal household survey data for national and cross-national analyses. The state of the art (for national as well as international comparative data collections) provides two types of solutions:...