Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/28101 
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dc.contributor.authorKnabe, Andreasen
dc.contributor.authorRätzel, Steffenen
dc.date.accessioned2009-09-15-
dc.date.accessioned2009-09-25T13:29:10Z-
dc.date.available2009-09-25T13:29:10Z-
dc.date.issued2009-
dc.identifier.isbn978-3-941240-06-3en
dc.identifier.urihttp://hdl.handle.net/10419/28101-
dc.description.abstractWe reexamine the claim that the effect of income on subjective well-being suffers from a systematic downward bias if one ignores that higher income is typically associated with more work effort. We analyze this claim using German panel data, controlling for individual unobserved heterogeneity, and specifying the impact of working hours in a non-monotonic form. Our results suggest that the impact of working hours on happiness is rather small and exhibits an inverse U-shape. We do not find evidence that leaving working hours out of the analysis leads to an underestimation of the income effect.en
dc.language.isoengen
dc.publisher|aFreie Universität Berlin, Fachbereich Wirtschaftswissenschaft |cBerlinen
dc.relation.ispartofseries|aDiskussionsbeiträge |x2009/12en
dc.subject.jelD60en
dc.subject.jelI31en
dc.subject.ddc330en
dc.subject.keywordHappinessen
dc.subject.keywordlife satisfactionen
dc.subject.keywordincomeen
dc.subject.keyworddisutility of laboren
dc.titleIncome, happiness, and the disutility of labor-
dc.typeWorking Paperen
dc.identifier.ppn608759643en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:fubsbe:200912en

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