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 … does this help to explain why in the U.S., Germany and some other advanced countries, happiness has been constant for many … samples since 1972) comparator income has a negative effect on happiness equal in magnitude to the positive effect of own …