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Table 3 West Germany, SOEP, 2000-2010

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

  (1) (2) (3)
  All <45 > = 45
Pooled OLS    
Household income 0.53*** 0.43*** 0.61***
  (51.00) (27.81) (42.85)
Comparison income -0.09*** 0.18*** -0.19***
  (-3.47) (3.86) (-5.77)
Observations 156,194 70,355 85,839
Adj. R-squared 0.201 0.195 0.207
  1. Dependent variable: Life-Satisfaction. Controls for gender, marriage, cohabiting, children, health status, foreign-born, education, work status, interview form, time in panel, year of last interview, household size, age group, year of survey, regional unemployment and federal states are included. Standard errors clustered at the level of reference groups, robust t-statistics in parentheses. ***p < 0.01, **p < 0.05, *p < 0.1.