From: Testing the tunnel effect: comparison, age and happiness in UK and German panels
 | (1) | (2) | (3) |
---|---|---|---|
 | All | <45 | > = 45 |
Fixed Effects, age polynomial | Â | Â | Â |
Household income | 0.37*** | 0.32*** | 0.42*** |
 | (11.94) | (7.55) | (8.70) |
Comparison income | -0.27*** | 0.05 | 0.01 |
 | (-2.59) | (0.32) | (0.04) |
Observations | 56,456 | 23,562 | 32,894 |
Number of persons | 8,932 | 4,812 | 5,165 |
Adj. R-squared | 0.0572 | 0.0630 | 0.0537 |