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 | 0.61*** | 0.35*** |
(22.50) | (8.84) | |
Household income* 45+ | 0.33*** | 0.09* |
(8.80) | (1.73) | |
Comparison income | 0.32** | 0.31 |
(1.99) | (1.46) | |
Comparison income* 25-34 | −0.06 | −0.23 |
(−0.31) | (−0.90) | |
Comparison income* 35-44 | −0.04 | −0.16 |
(−0.20) | (−0.63) | |
Comparison income* 45-54 | −0.35** | −0.35 |
(−1.96) | (−1.39) | |
Comparison income* 55-64 | −0.67*** | −0.65** |
(−3.62) | (−2.50) | |
Comparison income* 65-74 | −0.21 | −0.24 |
(−0.98) | (−0.79) | |
Comparison income* 75+ | −0.01 | −0.33 |
Observations | 56,456 | 56,456 |
Number of persons | 8,932 | 8,932 |
Adj. R-squared | 0.225 | 0.0592 |