-quality panel data from the German Socio-Economic Panel. We also contribute to the rapidly growing literature on life satisfaction … by testing if more satisfied people live longer. Our results clearly confirm the importance of income, education and … marriage as important factors in determining longevity. For example, a one-log point increase in real household monthly income …

Empirical studies on the relationship between income and happiness commonly use standard ordered response models, the … probability effects by design, and therefore limit the analysis of distributional aspects of a change in income, that is, the … study of whether the income effect depend on a person’s happiness. In this paper we pinpoint the shortcomings of standard …

: Satisfaction with household income and the income evaluation question as developed by Van Praag. It can be shown that satisfaction …-being ; satisfaction ; income evaluation … income uncertainty from an ex ante point of view. Two different measures of subjective well being are under study …