We explore the relationships between subjective well-being and income, as seen across individuals within a given … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same … whether we compare individuals or countries, suggesting that absolute income plays an important role in influencing well …

This paper compares consumption and income as measures of households' living standards using UK data. It presents … evidence that income is likely to be under-recorded for households with low resources. It describes the different impressions … an imputed income from housing, rather than near-cash income. It describes what different impressions one gets about the …

This paper presents an empirical analysis of the importance of 'comparison income' for individual well-being or … happiness. In other words, the influence of the income of a reference group on individual well-being is examined. The main … novelty is that various hypotheses are tested: importance of own income, relevance of the income of the reference group and of …