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IZA Journal of European Labor Studies
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Table 8 UK, BHPS, Waves 6-10, 12-18

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
  1. Dependent variable: Life-Satisfaction. Controls for gender, marital status (including cohabiting), children, health status, education, work status, time in panel, year of last interview, household size, age group, wave number, regions and regional unemployment 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.
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