FitzRoy, Felix R.; Nolan, Michael A.; Steinhardt, Max … - In: IZA journal of European Labor Studies 3 (2014) 24, pp. 1-30
In contrast to previous results combining all ages, we find positive effects of comparison income on happiness for the … income effects. In West Germany, they cancel out to give no effect of comparison income on life satisfaction in the whole … comparison effect in the whole sample for both West Germany and the UK. The residual age-happiness relationship is hump-shaped in …