variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …

-Economic Panel, I test the hypothesis that material interests, proxied by the effects of individual and reference income on well … greater material interests, whereas the negative effect of income comparisons on well-being is eliminated for individuals …, since social capital moderates the importance of income for well-being on individual level, the well-being gap between …

This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using … novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find … for other reference groups, such as neighbours. Work-related income comparisons are mostly upwards and there is a strong …

Despite rising popularity of subjective well-being (SWB) as a proxy for utility, its relationship with income is still …: one that insists on individual relative income, and one that finds similarity between individual and aggregate levels … effect of relative income on SWB varies across countries as a function of average income, in addition to a relatively small …

This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using … novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find … for other reference groups, such as neighbours. Work-related income comparisons are mostly upwards and there is a strong …

This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using … novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find … for other reference groups, such as neighbours. Work-related income comparisons are mostly upwards and there is a strong …

income shocks. We document that unexpected income changes significantly impact an individual's life satisfaction, and the … satisfaction, while transitory income shocks have minimal impact. We also find that life satisfaction regarding external factors … such as family income and leisure activities is more sensitive to income shocks than life satisfaction related to social …