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 |