Layard, Peter R. G. (contributor); Mayraz, Guy (contributor) - 2009
level of life-satisfaction: income comparisons emerge as much the more important. 3) When in our U.S. analysis we introduce …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 …