Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over … nearly two decades, for samples split by education, and age - to our knowledge for the first time. The highly educated went … from lowest to highest LS, though their average income was always higher. In spite of rapid income growth up to 2008 …

The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … for the contradiction is social comparison. At a point in time those with higher income are happier because they are …

The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … for the contradiction is social comparison. At a point in time those with higher income are happier because they are …

differences along standard socio demographic dimensions: age, race, gender, education, marital status income and geography. I also … the poor at any moment, but income growth doesn't matter. Education and racial differences are also consequential, though …-unhappy gap over the unmarried. Income is also important, but Easterlin's (1974) paradox applies: the rich are much happier than …

The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … for the contradiction is social comparison. At a point in time those with higher income are happier because they are …

The answer is that people's evaluations of their income situation are based on different considerations when the … 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 …

The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … for the contradiction is social comparison. At a point in time those with higher income are happier because they are …