Many scholars have argued that once basic needs have been met, higher income is no longer associated with higher in … well-being, we find no support for this claim. The relationship between well-being and income is roughly linear-log and …

China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled … the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled …. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and …

suggests that the phenomena of comparison and habituation are actually found in a considerable variety of economic and social …

with household income. The paper uses household economic panel data from five countries – Australia, Britain, Germany …, Hungary and the Netherlands – to provide a reconsideration of the impact of economic wellbeing on happiness. The main … countries wealth affects life satisfaction more than income. In the countries for which consumption data are available (Britain …

substantially more with income in the U.S. than in The Netherlands. …We analyze the determinants of global life satisfaction in two countries (The Netherlands and the U.S.), by using both …-described by four domains: job or daily activities, social contacts and family, health, and income. Among the four domains, social …

This paper is one of the first comprehensive attempts to compare earnings in urban China and India over the recent … levels in China and significantly accentuates the reversal of the wage gap in favour of this country for the first half of …

is the contribution of entrepreneurs to the economy in comparison to non-entrepreneurs? We study the relative …

This paper asks what low-income countries can expect from growth in terms of happiness. It interprets the set of … available international evidence pertaining to the relationship between income growth and subjective well-being. Consistent with … the Easterlin paradox, higher income is always associated with higher happiness scores, except in one case: whether growth …

As China exhibited unprecedented rapid economic growth ever since its reform and openness, the development and sources …