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European countries. Using the special module of the European Union Statistics on Income and Living Conditions micro-data on … importance of income vulnerability for the middle class is on a par with (or even greater than) economic factors such as severe … the lower income bound of the middle class (75% of the national median income) and not the poverty line (60% of the median …
Persistent link: https://www.econbiz.de/10014301411
Persistent link: https://www.econbiz.de/10011427629
U.S. income inequality has risen dramatically in recent decades. Researchers consistently find that greater income … SWB data from the U.S. Gallup Healthways Well-Being Index and income inequality data from the American Community Survey …-dependent and measure-dependent: income inequality is SWB-diminishing in large regions for all measures, SWB-diminishing in small …
Persistent link: https://www.econbiz.de/10011526744
In this paper we investigate how life satisfaction (or happiness) is affected by a substantial increase in real income …
Persistent link: https://www.econbiz.de/10014068755
addresses international differences in per-capita incomes and variations in the contribution of income to happiness. The pivotal … this perspective is that societies can have income levels that are either too high or too low relative to the welfare …
Persistent link: https://www.econbiz.de/10012866509
curvilinear functional form between income and life satisfaction. Indeed, if growth positive returns are not -yet- contested for … societies that have difficulties satisfying their population’s basic needs, the correlation between income and Subjective Well … correlated with income and growth, even in developed countries. However, using the most up-to-date global surveys, calculations …
Persistent link: https://www.econbiz.de/10014186538
Many scholars have argued that once “basic needs” have been met, higher income is no longer associated with higher in … about well-being, we find no support for this claim. The relationship between well-being and income is roughly linear …
Persistent link: https://www.econbiz.de/10014157982
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 determining well-being. Our research suggests that absolute income plays a major role in …
Persistent link: https://www.econbiz.de/10013088664
income, demographics and social capital. The increase in social capital predicts the largest positive change in subjective … well-being. Income growth, also predicts a substantial change in subjective well-being, but it is compensated for about … three fourths by the joint negative predictions due to income comparison and income adaptation. Finally, we find that aging …
Persistent link: https://www.econbiz.de/10009389112
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 determining well-being. Our research suggests that absolute income plays a major role in …
Persistent link: https://www.econbiz.de/10009683272