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 …

the relationship between subject well-being and income observed within countries. Finally, examining the relationship … between changes in subjective well-being and income over time within countries we find economic growth associated with rising … happiness. Together these findings indicate a clear role for absolute income and a more limited role for relative income …

higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same …We explore the relationships between subjective well-being and income, as seen across individuals within a given … most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is …

racial gaps such as those in income, employment, and education. Much of the current racial gap in well-being can be explained …

and Oswald, when we analyse life satisfaction in place of happiness, and when we measure development using GDP per capita … level of both life satisfaction and happiness than Australia. Our findings accord with numerous cross-national surveys …

Globally, suicide has emerged as the second leading cause of death among youth aged 10-24 years old. In order to better …

We model the effect of Protestant vs. Catholic denomination in an economic theory of suicide, accounting for … circumvent selectivity bias. Protestantism had a substantial positive effect on suicide in 1816-21 and 1869-71. We address issues …

Financial well-being is distinct from income. Some people with high incomes suffer low financial well-being, as their … aspirations. We find that people whose aspirations exceed their income are less risk-averse and less loss-averse than people whose …

The recent literature has shown that subjective welfare depends on relative income. Attempts to test this relationship … above a certain income level. We revisit the issue using data from Nepal. We find a relative consumption effect that is …