In normative public economics it is crucial to know how fast the marginal utility of income declines as income … inequality. We estimate this parameter using four large cross-sectional surveys of subjective happiness and two panel surveys …, using a number of assumptions, we are able to estimate the elasticity of marginal utility with respect to income. We obtain …

In normative public economics it is crucial to know how fast the marginal utility of income declines as income … inequality. We estimate this parameter using four large cross-sectional surveys of subjective happiness and two panel surveys …, using a number of assumptions, we are able to estimate the elasticity of marginal utility with respect to income. We obtain …

due to differences in household income and unemployment status. The conditional East-West gap decreased in the first years …

We show that hosting the Olympic Games in 2012 had a positive impact on the life satisfaction and happiness of … of the effects is equivalent to moving from the bottom to the fourth income decile. But they do not last very long: the …

relative income variables, not absolute income. …

relative income variables, not absolute income. …

life are quantified in a multidimensional approach of poverty and wealth: Individual income, current health, occupational … supposed. Major findings: An initial rise in life satisfaction can improve income and health, but not job autonomy. However …

disposable income and a gain of leisure time - and the psychological (and cultural) notion of the lonely, sad empty nester. This …