From: Testing the tunnel effect: comparison, age and happiness in UK and German panels
 | (1) | (2) | (3) |
---|---|---|---|
 | All | <45 | > = 45 |
Fixed Effects | Â | Â | Â |
Household income | 0.25*** | 0.20*** | 0.29*** |
 | (17.63) | (10.24) | (13.79) |
Comparison income | 0.00 | 0.21*** | −0.21*** |
 | (0.08) | (2.60) | (−2.83) |
Observations | 156,194 | 70,355 | 85,839 |
Number of persons | 26,711 | 14,700 | 14,893 |
Adj. R-squared | 0.0603 | 0.0682 | 0.0537 |