There is much evidence that relative income concern reduces subjective wellbeing and raises labour supply - "keeping up …

Using survey data from the German Socio-Economic Panel (SOEP), this paper analyses to what extent alternative income … displacement and only limited convergence. Income from selfemployment slightly reduces the earnings gap and severance payments … income. We do not find that increased labour supply by other household members contributes to the compensation of the income …

Using survey data from the German Socio-Economic Panel (SOEP) this paper analyses to what extent alternative income … displacement and only limited convergence. Income from self-employment slightly reduces the earnings gap and severance payments … income. We do not find that increased labour supply by other household members contributes to the compensation of the income …

the rest of the economy via high unemployment and reduced labor earnings, which reduced household contributions to Social …-varying investment opportunities and countercyclical risky labor income dynamics. We show that households near retirement will reduce …

happiness research is able to contribute important insights for economics. We report how the economic variables income …, unemployment and inflation affect happiness as well as how institutional factors, in particular the type of democracy and the … some of the consequences for economic policy and for economic theory. …