This paper presents detailed evidence about who compares to whom in terms of relative income. We rely on representative … survey data on the importance of income comparisons vis-á-vis seven reference groups, allowing us to exploit within …-subject heterogeneity. We explore the prevalence and determinants of positional income concerns, investigating the role of personality and …

We reassess the empirical effects of income and employment on self-reported well-being. Our analysis makes use of a two … theory of incomplete markets, we differentiate between the effects of persistent and transitory income shocks. In line with …

We reassess the empirical effect of income and employment on self-reported well-being. Our analysis makes use of a … suggested by the theory of incomplete markets, we differentiate between the effects of persistent and transitory income shocks … is rather associated with a decline in happiness. -- incomplete markets ; happiness ; income persistence …

This paper empirically investigates the effects of changes in the interest rate as well as transitory income … significant effects of precautionary savings on the consumption-savings decision. As a result of a doubling of transitory income …. -- Consumption-savings decision ; interest rate elasticity of savings ; income uncertainty …

income uncertainty from an ex ante point of view. Two different measures of subjective well being are under study …: Satisfaction with household income and the income evaluation question as developed by Van Praag. It can be shown that satisfaction … with income is more affected by ex ante than by ex post volatility of income. The ordinal version of the Van Praag approach …

We reassess the empirical effect of income and employment on self-reported well-being. Our analysis makes use of a … suggested by the theory of incomplete markets, we differentiate between the effects of persistent and transitory income shocks …

This paper empirically investigates the effects of changes in the interest rate as well as transitory income … significant effects of precautionary savings on the consumption-savings decision. As a result of a doubling of transitory income …

household indebtedness, such as the percentage shares of household income spent on consumer credit and home loan repayments …

This study investigates whether the willingness to take income risks revealed by occupational choice is transmitted …