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IZA Journal of European Labor Studies

Table 5 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

Fixed Effects

   

Household income

0.25***

0.20***

0.29***

 

(14.59)

(8.46)

(11.55)

Comparison income

0.00

0.21**

-0.21**

 

(0.07)

(2.19)

(-2.48)

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

  1. Dependent variable: Life-Satisfaction. Controls for marriage, cohabiting, children, health status, 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 individual level, robust t-statistics in parentheses. ***p < 0.01, **p < 0.05, *p < 0.1.
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