age of 30 and who have higher income. We also provide evidence of a positive selection into parenthood, whereby happier …

There is now a great deal of micro-econometric evidence, both cross-section and panel, showing that income is … measures of utility, and resolve the Easterlin paradox by appealing to income comparisons: these can be to others (social …

age of 30 and who have higher income. We also provide evidence of a positive selection into parenthood, whereby happier …

in GNP per head. At the same time, a micro literature has typically found positive correlations between individual income … presence of relative income terms in the utility function. Income may be evaluated relative to others (social comparison) or to … oneself in the past (habituation). We review the evidence on relative income from the subjective well-being literature. We …

income and parental education) remain good predictors of well-being over 50 years later. In terms of the proximal covariates …