From: Testing the tunnel effect: comparison, age and happiness in UK and German panels
(1) | (2) | (3) | |
---|---|---|---|
All | <45 | > = 45 | |
Pooled OLS | |||
Household income | 0.086*** | 0.114*** | 0.054*** |
(14.86) | (15.09) | (6.29) | |
Comparison income | -0.074*** | 0.037 | -0.086** |
(-2.86) | (0.94) | (-2.37) | |
Observations | 153,189 | 79,168 | 74,021 |
Adj. R-squared | 0.166 | 0.147 | 0.182 |