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Stevenson and Wolfers also find, a clear role for absolute income and a more limited role for relative income comparisons in determining happiness.
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Parents who are older and who have older children tend to be happier given that they are relatively more mature and financially stable.
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They also feel less stress, are more fun to be around, are more optimistic, and enjoy their lives more than people who are unhappy.
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When work interferes with life, it can result in employees getting burned out and decreases base morale in the office.
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