This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...

Policies supporting international student mobility prepare young people for the challengesof global and multicultural environments. However, disadvantaged students have lowerparticipation rates in mobility schemes, and hence benefit less from their positive impactson career progression....