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In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with 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...
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level of both life satisfaction and happiness than Australia. Our findings accord with numerous cross-national surveys …In Happiness and the Human Development Index: The Paradox of Australia, Blanchflower and Oswald (2005) observe an … happiness. However, when we compare their happiness data with the HDI, Australia appears happier, not sadder, than its HDI score …
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circumstances of households. Using data drawn from the 2001 and 2002 waves of the Household, Income and Labour Dynamics in Australia …The accepted view among psychologists and economists alike is that household income has statistically significant but …
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