Marginal effects of the GDP quantiles on life satisfaction, in the 15-quantile partition of all WVS data.

1st column: Elasticity of the quantile dummy variables to the probability that satisfaction  =  10, the maximum level. 2nd column: column: elasticity of the quantile dummy variables estimated using a linear model (OLS with country specific effect). The base level is the last quantile (the 15th), grouping the countries with per capita GDP larger than 36.81K. The coefficients are derived from the estimation of the baseline specification of model (1). GDP is reported in 10K, 2005 USD, PPP adjusted. Standard errors are clustered at country and wave levels (in brackets); *** p<0.01, ** p<0.05 , * p<0.1.