G2TT
来源类型Discussion paper
规范类型论文
来源IDDP8048
DP8048 Subjective Well-Being, Income, Economic Development and Growth
Justin Wolfers; Betsey Stevenson; Dan Sacks
发表日期2010-10-23
出版年2010
语种英语
摘要We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer individuals, and establish that this relationship is similar in most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same whether we compare individuals or countries, suggesting that absolute income plays an important role in influencing well-being. Finally, studying changes in satisfaction over time, we find that as countries experience economic growth, their citizens? life satisfaction typically grows, and that those countries experiencing more rapid economic growth also tend to experience more rapid growth in life satisfaction. These results together suggest that measured subjective well-being grows hand in hand with material living standards.
主题Development Economics ; Public Economics
关键词Development Easterlin paradox Economic growth Hedonic treadmill Life satisfaction Quality of life Subjective well-being Well-being-income gradient
URLhttps://cepr.org/publications/dp8048
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/536899
推荐引用方式
GB/T 7714
Justin Wolfers,Betsey Stevenson,Dan Sacks. DP8048 Subjective Well-Being, Income, Economic Development and Growth. 2010.
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