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 | 0.38*** | 0.32*** | 0.43*** |
 | (14.42) | (9.02) | (10.29) |
Comparison income | −0.01 | 0.13 | −0.11 |
 | (−0.09) | (0.97) | (−0.84) |
Observations | 56,456 | 23,562 | 32,894 |
Number of persons | 8,932 | 4,812 | 5,165 |
Adj. R-squared | 0.0574 | 0.0635 | 0.0521 |