We here consider the effect of the level of income that individuals consider to be fair for the job they do, which we … take as measure of comparison income, on both subjective well-being and objective future job quitting. In six waves of … German Socio-Economic Panel data, the extent to which own labour income is perceived to be unfair is significantly negatively …

show that the observed income effect on subjective well-being is much weaker for the happiness index than for life … (3) the relationship between income and the happiness index is weak and stable over the whole distribution when basic …