The well-known Easterlin paradox points out that average happiness has remained constant over time despite sharp rises … also discuss the relation (or not) between happiness and utility and discuss some non-happiness research (behavioural …

material aspirations via fostering relative concerns in the society. The empirical findings shed further light on the income-happiness …

Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …

We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to … of adaptation within a poverty spell: poverty starts bad and stays bad in terms of subjective well-being. We cannot … identify any causes of poverty entry which are unambiguously associated with adaptation to poverty. …

We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to … of adaptation within a poverty spell: poverty starts bad and stays bad in terms of subjective well-being. We cannot … identify any cause of poverty entry which explains the overall lack of poverty adaptation. …

the decreasing case. Applications are made to market expenditures, wealth effects on portfolio choice with many risky …