We use panel vector autoregressions to analyze the underlying structure of changes in subjective well-being and its coevolution with changes in income, health, worries, marital status and employment status for the German Socio-Economic Panel (SOEP) data set. We find that positive changes in the named life domains are followed by decreases in subjective well-being (except for health, which is followed ...
In:
Metroeconomica
64 (2013), 2, 361-400
| Martin Binder, Felix Ward