that, for the whole sample of nineteen European countries, although income is positively correlated with both happiness and … life satisfaction, reference income exerts a negative effect on individual well-being, a result consistent with the …

that, for the whole sample of nineteen European countries, although income is positively correlated with both happiness and … life satisfaction, reference income exerts a negative effect on individual well-being, a result consistent with the …

mean reversion is found in practically all cases. -- Energy prices, Germany ; fractional integration ; persistence ; breaks …