income, relative income (i.e. how individual income compares to those of peers), individual health, and relative health … countries. In contrast, individual and relative income matter in some countries, such as the US, and not in others, for example … targeting income. …

The answer is that people's evaluations of their income situation are based on different considerations when the … of others undercuts the tendency for happiness to grow with an increase in one's own income, and happiness remains fairly … for income evaluations turns inward. "Financial hardship", the shortfall from one's own previous peak income, takes over …

Lang (2019). The classical OLS and ordered probit analysis of self-reported life satisfaction of employees from 32 European … show that the observed income effect on subjective well-being is much weaker for the happiness index than for life … satisfaction, especially when controlling for satisfaction of basic needs. Quantile regression analysis brings additional insights …

happiness research is able to contribute important insights for economics. We report how the economic variables income …

income effect differing between richer and poor individuals. The analysis uses a self-reported measure of satisfaction with …This paper presents an empirical analysis of the importance of 'comparison income' for individual well-being or … happiness. In other words, the influence of the income of a reference group on individual well-being is examined. The main …

European countries. Using the special module of the European Union Statistics on Income and Living Conditions micro-data on … importance of income vulnerability for the middle class is on a par with (or even greater than) economic factors such as severe … the lower income bound of the middle class (75% of the national median income) and not the poverty line (60% of the median …