Empirical studies on the relationship between income and happiness commonly use standard ordered response models, the … probability effects by design, and therefore limit the analysis of distributional aspects of a change in income, that is, the … study of whether the income effect depend on a person’s happiness. In this paper we pinpoint the shortcomings of standard …

shocks: employment rates fall and poverty rates rise in the run-up to entry, and many who fell out of employment report being … have been voluntary, earnings remain lower and poverty rates higher for at least two years after entry. Despite the effect … a large and sustained rise in job satisfaction, even among groups who are likely to be using solo self-employment to …

general life satisfaction question, differs between youths living in intact and non-intact families, holding many other …

children. A one standard deviation move in the child’s happiness has the same effect as a 45 percent move in household income …