Pedersen, Peder J.; Schmidt, Torben Dall - In: Journal of Behavioral and Experimental Economics … 40 (2011) 5, pp. 480-489
Data in the European Community Household Panel are used to analyse the impact on self-reported satisfaction from a … life satisfaction and income utilizing also the panel property of the data. We find an impact from the level of income only … change in income has a significant impact on satisfaction. For all countries in the panel we find a significant impact from …