Derlin, Manja; Keldenich, Carina; Knabe, Andreas - Otto-von-Guericke-Universität Magdeburg / Fakultät … - 2026
We examine how functional-form assumptions affect conclusions about the existence of satiation in the relationship between income and emotional well-being. Previous studies have estimated a piecewise log-linear model with one structural break in both intercept and slope, which may lead to...