Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests … variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …

Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests … variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …

U.S. income inequality has risen dramatically in recent decades. Researchers consistently find that greater income … SWB data from the U.S. Gallup Healthways Well-Being Index and income inequality data from the American Community Survey …-dependent and measure-dependent: income inequality is SWB-diminishing in large regions for all measures, SWB-diminishing in small …

We develop a theoretical framework that considers four distinct explanatory channels through which neighbors' income … could affect utility: public goods, cost of living, expectations of future income, and the direct effect (relative income … subjective well-being (SWB) data from the U.S. Gallup-Healthways Well-Being Index and geographically-based median-income data …

) is more relevant for individual happiness of middle class members. The aggregate income vulnerability of the middle class … costs in terms of happiness. They therefore support the development of policies to reduce income uncertainty. …This paper evaluates the importance of middle class vulnerability to poverty for subjective well-being (happiness) in …

income, relative income (i.e. how individual income compares to those of peers), individual health, and relative health … countries. In contrast, individual and relative income matter in some countries, such as the US, and not in others, for example … targeting income. …