We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use panel data on 42,500 individuals living in Germany from 1992 to 2010 to uncover four empirical relationships. First, life satisfaction falls with both the incidence and intensity...

The Luxembourg Income Study (now known as LIS) provides public access for research purposes to harmonized unit-record data sets for multiple countries, in addition to providing summary statistics from those data, including poverty and inequality measures. LIS is a well-managed and undeniably...