The paper compares different estimation strategies of ordered response models in the presence of non-random unobserved …

We show that personality traits mediate the effect of income on Life Satisfaction. The effect is strong in the case of … that the gap between aspired and realized income increase with aspirations. From the estimation of this model we argue that … score enjoy income more than those with lower score if they are poorer and enjoy income less if they are richer. When the …

This study considers life satisfaction in relation to the empty nest syndrome, which is a situation where there are … briefly before conducting an economic analysis of life satisfaction using the German Socio-Economic Panel. Our particular …

,000 children into adulthood, we show that the negative effect of unemployment on mental health and life satisfaction is almost four …

People gain utility from occupying a higher ranked position in the income distribution of the reference group. This … the German Socioeconomic Panel dataset (SOEP), a subjective question on Life Satisfaction, and three different sets of non … economic ladder. By contrast, the Life Satisfaction reaction to changes in economic status is significantly lower among …