Headey, Bruce; Muffels, Ruud; Wooden, Mark - In: Schmollers Jahrbuch : Journal of Applied Social Science … 125 (2005) 1, pp. 131-144
The paper uses household economic panel data from five countries – Australia, Britain, Germany, Hungary and The Netherlands – to provide a reconsideration of the impact of economic well-being on happiness. The main conclusion is that happiness is considerably more affected by economic...