Subjective Well-Being, Income and Relative Concerns in the UK
نویسندگان
چکیده
منابع مشابه
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This study makes an integrated investigation of how subjective well-being is associated with income, personal concerns, and societal evaluations and how these social and psychological correlates of subjective well-being are contextualized within a country. Data used for the empirical analysis come from a nationally representative sample survey conducted in China in 2009. It is found that subjec...
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Recent work suggests that a person’s subjective well-being (SWB) depends to a large degree on relative-income. Focusing on the underlying identification, this paper makes four contributions to this literature: it describes the aggregation problem with past studies, implements an estimation strategy to overcome this problem, finds micro-level evidence in support of the hypothesis that relative-i...
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Economists in recent decades have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to well-being. In this paper, we review the evidence to assess the importance of absolute and relative income in ...
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Recent research has found that richer countries have higher well-being than poorer countries and that the relationship is similar in magnitude to that seen between rich and poor members within countries. However, limited data have constrained previous researchers’ ability to detect whether economic growth within countries leads to greater well-being. Thus the question of whether raising the inc...
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ژورنال
عنوان ژورنال: Social Indicators Research
سال: 2012
ISSN: 0303-8300,1573-0921
DOI: 10.1007/s11205-012-0083-z