Empirical studies on the relationship between income and happiness commonly use standard ordered response models, the … study of whether the income effect depend on a person’s happiness. In this paper we pinpoint the shortcomings of standard … probability effects by design, and therefore limit the analysis of distributional aspects of a change in income, that is, the …

This paper investigates the relationship between income satisfaction of adult children and their relative economic … be ifluenced by their children's income rank. -- happiness ; income norm ; subjective well-being … status, using data from the German Socio-Economic Panel and income rank as an indicator of status. The results show that …

individual data on reported satisfaction with life it is possible to assess these latter gains from matching. We introduce a two …

parents' self-reported happiness depends positively, albeit not very strongly, on the happiness of adult children who moved …

parents' self-reported happiness depends positively, albeit not very strongly, on the happiness of adult children who moved …

children. A one standard deviation move in the child’s happiness has the same effect as a 45 percent move in household income … for the years 2000-2004, find that the parents’ self-reported happiness depends positively on the happiness of their adult …