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Different versions of the Easterlin Paradox : new evidence for European countries

Kaiser, Caspar F.; Vendrik, Maarten C. - 2018

Richer people are happier than poorer people, but when a country becomes richer over time, its people do not become happier. This seemingly contradictory pair of findings of Richard Easterlin has be-come famous as the Easterlin Paradox. However, it was met with counterevidence. To shed more...

Persistent link: https://www.econbiz.de/10011951423

Does relative income matter? : are the critics right?

Layard, Peter R. G. (contributor); Mayraz, Guy (contributor) - 2009

Do other peoples' incomes reduce the happiness which people in advanced countries experience from any given income? And … samples since 1972) comparator income has a negative effect on happiness equal in magnitude to the positive effect of own … income. 2) In the West German Socio-Economic Panel since 1984 the same is true but with lifesatisfaction as the dependant …

Persistent link: https://www.econbiz.de/10003868078

Does relative income matter? : are the critics right?

Layard, Peter R. G.; Mayraz, Guy; Nickell, Stephen J. - 2009

Do other peoples' incomes reduce the happiness which people in advanced countries experience from any given income? And … samples since 1972) comparator income has a negative effect on happiness equal in magnitude to the positive effect of own … income. 2) In the West German Socio-Economic Panel since 1984 the same istrue but with life satisfaction as the dependant …

Persistent link: https://www.econbiz.de/10011635703