and Hungary), non-durable consumption expenditures also prove at least as important to happiness as income. Further … with household income. The paper uses household economic panel data from five countries – Australia, Britain, Germany …, Hungary and the Netherlands – to provide a reconsideration of the impact of economic wellbeing on happiness. The main …

This paper asks how income distribution affects individual well-being and tries to explore the idea that this relation … and reference income (defined as the income of one's professional peers), and hinges on the micro-econometric analysis of …

characterized by increased influence from the financial market andextreme economic events - using data from the Household Income …

income based on income of parents... …

Income is an important correlate for numerous phenomena in the social sciences. But manysurveys collect data with just … a single question covering all forms of income. This raisesissues of quality, and these are heightened when individuals … are asked about the householdtotal rather than own income alone. Data are typically banded, implying a loss of information …

This paper models the relationship between income and reported well-being using latent class techniques applied to … strongly reject the hypothesis that individuals transform income into well-being in the same way. We show that both individual … marginal effect of income on well-being across classes will be reflected in both behaviour and preferences for redistribution. …