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 | 0.039*** | 0.059*** | 0.018* |
 | (6.14) | (7.02) | (1.89) |
Comparison income | -0.223*** | 0.205*** | -0.157*** |
 | (-5.70) | (2.59) | (-2.88) |
Observations | 153,189 | 79,168 | 74,021 |
Number of persons | 25,681 | 16,327 | 12,034 |
Adj. R-squared | 0.0371 | 0.0422 | 0.0347 |