Authors
Ed Diener, Robert Biswas-Diener
Publication date
2002/2
Journal
Social indicators research
Volume
57
Pages
119-169
Publisher
Springer Netherlands
Description
Four replicable findings have emerged regarding the relation between income and subjective well-being (SWB): 1. There are large correlations between the wealth of nations and the mean reports of SWB in them, 2. There are mostly small correlations between income and SWB within nations, although these correlations appear to be larger in poor nations, and the risk of unhappiness is much higher for poor people, 3. Economic growth in the last decades in most economically developed societies has been accompanied by little rise in SWB, and increases in individual income lead to variable outcomes, and 4. People who prize material goals more than other values tend to be substantially less happy, unless they are rich. Thus, more money may enhance SWB when it means avoiding poverty and living in a developed nation, but income appears to increase SWB little over the long-term when more of it is …
Total citations
20032004200520062007200820092010201120122013201420152016201720182019202020212022202320241668517378897612713213015417518217520420019018320217319496
Scholar articles
E Diener, R Biswas-Diener - Social indicators research, 2002