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countries wealth affects life satisfaction more than income. In the countries for which consumption data are available (Britain …, results from panel regression fixed effects models indicate that changes in wealth, income and consumption all produce … and Hungary), non-durable consumption expenditures also prove at least as important to happiness as income. Further …
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In the present paper we attempt to analyse the relationship between "lifestyle" and happiness in the UK using fixed effects and granger causality tests to test for endogeneity. We split the analysis by gender and find different effects between women and men. While men seem to be more physically...
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Diese Arbeit untersucht die Beziehung von Lebenszufriedenheit und Einkommensreichtum im Quer- und Längsschnitt. Die … Treadmill auf die Lebenszufriedenheit Einkommensreicher. Ein zentrales Ergebnis der Fixed-Effect-Regression ist der signifikante … Einfluss des relativen Einkommens auf die Lebenszufriedenheit Einkommensreicher, wobei deutliche geschlechterspezifische …
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John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...
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Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over … from lowest to highest LS, though their average income was always higher. In spite of rapid income growth up to 2008 …/09, the less educated showed no rise in LS, while highly educated LS rose after the crash despite declining real income. In …
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Previous literature has identified income, poor health and social relationships as the most important predictors of … income and social relationships vary with age in a wave-like fashion, while the negative marginal effect of poor health … and living in misery) and for men and women. The agerelated changes in the importance of income and social relationships …
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