Clark, Andrew E.; Senik, Claudia - Institute for the Study of Labor (IZA) - 2011
available international evidence pertaining to the relationship between income growth and subjective well-being. Consistent with … comparisons do seem to affect subjective well-being, even in very poor countries; however, adaptation may be more of a rich … coefficient is "too small to matter". The explanations for the small correlation between national income growth and subjective …