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Table 22 West Germany, SOEP, 2000-2010

From: Testing the tunnel effect: comparison, age and happiness in UK and German panels

  (1) (2)
  Pooled OLS Fixed effects
Interacted Model, full sample   
Household income 0.43*** 0.21***
  (27.69) (9.39)
Household income* 45+ 0.18*** 0.08***
  (8.62) (2.72)
Comparison income 0.57*** 0.33***
  (5.99) (2.60)
Comparison income* 25-34 −0.48*** −0.29**
  (−4.01) (−1.98)
Comparison income* 35-44 −0.50*** −0.21
  (−4.78) (−1.46)
Comparison income* 45-54 −0.86*** −0.52***
  (−8.04) (−3.45)
Comparison income* 55-64 −0.88*** −0.54***
  (−8.38) (−3.68)
Comparison income* 65-74 −0.65*** −0.44***
  (−6.23) (−2.91)
Comparison income* 75+ −0.53*** −0.55***
  (−4.40) (−3.05)
Observations 156,194 156,194
Number of persons 26,711 26,711
Adj. R-squared 0.204 0.0615
  1. Dependent variable: Life-Satisfaction. In addition to the variables listed in Tables 3 and 5, controls for interactions of all explanatory variables with a dummy for being older than 44 are included. Reference group of age groups: 18–24. ***p < 0.01, **p < 0.05, *p < 0.1.