Clark, Andrew E.; D'Ambrosio, Conchita; Ghislandi, Simone - Institute for the Study of Labor (IZA) - 2014
We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to … poverty. We use panel data on almost 54,000 individuals living in Germany from 1985 to 2012 to show first that life … satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence …
