Narrow search
Showing 1 - 3 of 3
Cover Image
Estimating the Influence of Life Satisfaction and Positive Affect on Later Income Using Sibling Fixed-Effects
De Neve, Jan‐Emmanuel - 2012
The question of whether there is a connection between income and psychological well-being is a long-studied issue … higher levels of income later in life. We focus on earnings approximately one decade after the person's well-being is … happiness. We consider how psychological well-being may influence income. Sobel-Goodman mediation tests reveal direct and …
Persistent link: https://www.econbiz.de/10013096474
Cover Image
Money and Mental Wellbeing : A Longitudinal Study of Medium-Sized Lottery Wins
Gardner, Jonathan; Oswald, Andrew J. - 2021
One of the famous questions in social science is whether money makes people happy. We offer new evidence by using longitudinal data on a random sample of Britons who receive medium-sized lottery wins of between £1000 and £120,000 (that is, up to approximately U.S. $200,000). When compared to...
Persistent link: https://www.econbiz.de/10013317507
Cover Image
On the Common Claim that Happiness Equations Demonstrate Diminishing Marginal Utility of Income
Oswald, Andrew J. - 2021
marginal utility of income. This paper suggests that we have not. It draws a distinction between concavity of the utility …
Persistent link: https://www.econbiz.de/10013318231