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 …

The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …

The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …

European countries. We do so by estimating country-panel equations for mean life satisfaction that include trend and cyclical … between per capita GDP and life satisfaction over time which is positive for poorer countries, but flat (or negative) for …

matters for children’s life satisfaction. The results suggest that children are more satisfied with life the more income their …Using longitudinal data for children aged 10-15 years living in England in 2009-2014 we test the hypothesis that income … family has. Income effects are larger the less income the family has and statistically significant for children from the age …

income distribution. However, it has become increasingly recognised, both at the academic and political level, that focusing … purely on income provides a limited picture of social progress. We illustrate how ex-ante policy evaluation can be performed … in terms of richer concepts of individual well-being, such as subjective life satisfaction and equivalent incomes. Our …

Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … from previous research, we now count three countries for which Easterlin's happiness-income hypothesis cannot be rejected … a) long-term panel data and estimation with individual fixed effects, b) regional GDP per capita with a higher variation …

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 …

Previous literature has identified income, poor health and social relationships as the most important predictors of … effects estimation to control for cohort effects and unobserved personal characteristics, we find that the marginal effects of … income and social relationships vary with age in a wave-like fashion, while the negative marginal effect of poor health …

Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … presented in Stevenson and Wolfers (2008, BROOKINGS PAP ECO AC), we now count three exceptions supporting Easterlin s happiness-income … a) long-term panel data and estimation with individual fixed effects, b) regional GDP per capita with a higher variation …