The relationship between happiness and work is subject to an ever growing empirical literature in economics. The … the literature investigates potential driving effects of happiness on labor market outcomes. This article will give an …

of others undercuts the tendency for happiness to grow with an increase in one's own income, and happiness remains fairly …, and the greater the shortfall, the less one's happiness. There is thus an asymmetry in the psychological roots of income … evaluations when income is rising vs. falling , and this causes a corresponding asymmetry in the response of happiness to the …