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I think this paper is one of the most interesting results in this regard:

> Money and Happiness: Rank of Income, Not Income, Affects Life Satisfaction

> https://www.jstor.org/stable/41062232

Of course, the relation is not perfect because there are probably more than half a dozen other major things that can go wrong; most prominently disease, relationship and work situation.

I could imagine that dissatisfaction due to disease also largely comes from comparison with others. If everybody is healthier, then more minor diseases have a stronger negative effect on life satisfaction; so not much is gained.

Work satisfaction might have improved, but the hedonic treadmill probably also diminishes the returns in that case.

I could imagine that relationship satisfaction has decreased with the loss of the classical gender roles and culture regulating all of that. E.g. it is known that premarital promiscuity results in decreased marriage satisfaction:

http://nationalmarriageproject.org/wordpress/wp-content/uplo...



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