We present a psychological model of stress. Appraisal translates stressors into subjective stress. Stress reduces …-consistent personality and environment. We explain when stressors reduce income. We also explain under which conditions rising income does … not go hand in hand with rising stress. First steps towards a theory of therapy show how stressed individuals can improve …

How do sudden, large wealth losses affect mental health? Most prior studies of the causal effects of material well …-being on health use identification strategies involving income increases; these studies as well as prior research on stock … market accumulations may not inform this question if the effect of wealth on health is asymmetric. We use exogenous variation …

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

Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in … about well-being, we find no support for this claim. The relationship between well-being and income is roughly linear …

This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using … novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find … for other reference groups, such as neighbours. Work-related income comparisons are mostly upwards and there is a strong …

in observable labor market conditions, by increasing stress on the job and worsening expectations about the future. …

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 comparisons in …

report higher levels of life satisfaction. Having one or two alleles of the more efficient type raises the average likelihood …

. Micro-econometric life satisfaction functions are estimated taking into account environmental conditions along with income … individuals’ well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction …-being research in economics and takes measures of reported life satisfaction as an empirical approximation to individual welfare …

We analyze individual satisfaction with life as a whole and satisfaction with the personal financial situation for … respect to Jewish families it is most striking that the impact of family size on both life and financial satisfaction seems to …