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Age, life-satisfaction, and relative income : insights from the UK and Germany

FitzRoy, Felix R.; Nolan, Michael A.; Steinhardt, Max … - 2011

We first confirm previous results with the German Socio-Economic Panel by Layard et al. (2010), and obtain strong negative effects of comparison income. However, when we split the sample by age, we find quite different results for reference income. The effects on life-satisfaction are positive...

Persistent link: https://www.econbiz.de/10009516928

Age, life-satisfaction, and relative income

FitzRoy, Felix R.; Steinhardt, Max Friedrich; Nolan, … - 2011

We first confirm previous results with the German Socio-economic Panel, and obtain strong negative effects of comparison income. However, when we split the sample by age, we find quite different results for reference income. The effects on life-satisfaction are positive and significant for those...

Persistent link: https://www.econbiz.de/10009231578

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Age, Life-Satisfaction, and Relative Income : Insights from the UK and Germany

Fitzroy, Felix R. - 2011

We first confirm previous results with the German Socio-Economic Panel by Layard, et al. (2010), and obtain strong negative effects of comparison income. However, when we split the sample by age, we find quite different results for reference income. The effects on life-satisfaction are positive...

Persistent link: https://www.econbiz.de/10013119018

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Consumption spending and inequality during the Covid-19 pandemic

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