complementary effect of income on social ties. The opposite is true with regards to social ties held for more instrumental reasons …

the China Household Income Project surveys covering the same 14 provinces from 1988 to 2018 are used. We find that the … income than other categories of households. Based on estimates of income functions, we conclude that the income premium from …

Usually, it is expected that income increases life satisfaction. In recent years tough, research emerged that shows how … subjective well-being, including satisfaction, influences objective measures, as for example income. This would then require … explicit identification strategies for estimating effects of income on life satisfaction. I address this issue using German …

The answer is that people's evaluations of their income situation are based on different considerations when the … of others undercuts the tendency for happiness to grow with an increase in one's own income, and happiness remains fairly … for income evaluations turns inward. "Financial hardship", the shortfall from one's own previous peak income, takes over …

This paper explores the association between income and stated views on minimum living standards; that is, views on … representative survey, we find the rich are less empathetic. In our baseline model, people at the bottom of the income distribution … report 10% more items as essential than do people at the top of the income distribution. The negative relationship between …

how this income dynamic affects mental health. Using data on all Swedish couples who married in 2001, I show that mental … health is positively associated with own and spousal income. However, it is negatively linked to the wife's relative income … cent. This effect does not appear driven by divorce or spouses being on different income trajectories. …