Clark, Andrew E.; D'Ambrosio, Conchita; Ghislandi, Simone - 2015 - This version: February 2015
We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use panel data on 49,000 individuals living in Germany from 1992 to 2012 to uncover three empirical relationships. First, life satisfaction falls with both the incidence and intensity...