From: Testing the tunnel effect: comparison, age and happiness in UK and German panels
(1) | (2) | (3) | |
---|---|---|---|
All | <45 | > = 45 | |
Fixed Effects | |||
Household income | 0.039*** | 0.058*** | 0.018* |
(6.16) | (6.87) | (1.92) | |
Comparison income | -0.092** | 0.247*** | -0.287*** |
(-2.02) | (3.22) | (-4.46) | |
Observations | 153,189 | 79,168 | 74,021 |
Number of persons | 25,681 | 16,327 | 12,034 |
Adj. R-squared | 0.0374 | 0.0423 | 0.0336 |