education and higher income. At the same time, we do not find a significant correlation between locus of control and labor …

individuals from the TÁRKI Household Monitor for the year 2007. Most of the empirical papers on the effect of income on subjective … ordered probit model we show that more flexible techniques provide a more complete picture of the income …-satisfaction relationship. In the OLS regression income has a positive impact on satisfaction, but the quantile regression models show that this …