The DOI matches its Crossref record; 32 of the 32 references it cites were found in a registry or an index.
Wealth and happiness across the world: Material prosperity predicts life evaluation, whereas psychosocial prosperity predicts positive feeling.
Abstract
The Gallup World Poll, the first representative sample of planet Earth, was used to explore the reasons why happiness is associated with higher income, including the meeting of basic needs, fulfillment of psychological needs, increasing satisfaction with one's standard of living, and public goods. Across the globe, the association of log income with subjective well-being was linear but convex with raw income, indicating the declining marginal effects of income on subjective well-being. Income was a moderately strong predictor of life evaluation but a much weaker predictor of positive and negative feelings. Possessing luxury conveniences and satisfaction with standard of living were also strong predictors of life evaluation. Although the meeting of basic and psychological needs mediated the effects of income on life evaluation to some degree, the strongest mediation was provided by standard of living and ownership of conveniences. In contrast, feelings were most associated with the fulfillment of psychological needs: learning, autonomy, using one's skills, respect, and the ability to count on others in an emergency. Thus, two separate types of prosperity-economic and social psychological-best predict different types of well-being.
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Cites
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Self-citationRelative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles
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Cited by
High income improves evaluation of life but not emotional well-being
Kahneman, D., & Deaton, A. (2010) · Proceedings of the National Academy of Sciences · doi:10.1073/pnas.1011492107 · Cited by 3,162
Advances in subjective well-being research
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Self-citationSubjective well-being and adaptation to life events: A meta-analysis.
Luhmann, M., Hofmann, W., Eid, M., & Lucas, R. E. (2012) · Journal of Personality and Social Psychology · doi:10.1037/a0025948 · Cited by 1,410
Social class, solipsism, and contextualism: How the rich are different from the poor.
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Needs and subjective well-being around the world.
Tay, L., & Diener, E. (2011) · Journal of Personality and Social Psychology · doi:10.1037/a0023779 · Cited by 1,303
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Metadata
- Authors
- Diener, E., Ng, W., Harter, J., & Arora, R.
- Venue
- Journal of Personality and Social Psychology
- Published
- 2010
- Volume
- 99
- Issue
- 1
- Pages
- 52-61
- ISSN
- 0022-3514 (ISSN-L)
- 1939-1315
- OpenAlex
- W2161513543
- Cited by
- 906
- References
- 32
- FWCI
- 54.70
- Type
- journal article
- Language
- en
- Open access
- closed
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