life satisfaction, reference income exerts a negative effect on individual well-being, a result consistent with the …Using data from the European Social Survey (ESS), we examine the link between income and subjective well-being. We find … that, for the whole sample of nineteen European countries, although income is positively correlated with both happiness and …

Lang (2019). The classical OLS and ordered probit analysis of self-reported life satisfaction of employees from 32 European … show that the observed income effect on subjective well-being is much weaker for the happiness index than for life … satisfaction, especially when controlling for satisfaction of basic needs. Quantile regression analysis brings additional insights …

European countries. We do so by estimating country-panel equations for mean life satisfaction that include trend and cyclical … between per capita GDP and life satisfaction over time which is positive for poorer countries, but flat (or negative) for …

income distribution. However, it has become increasingly recognised, both at the academic and political level, that focusing … purely on income provides a limited picture of social progress. We illustrate how ex-ante policy evaluation can be performed … in terms of richer concepts of individual well-being, such as subjective life satisfaction and equivalent incomes. Our …

We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index …, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann …