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Previous research has found that subjective well-being (SWB) is lower for individuals classified as being in poverty … with the state-level poverty ratio while controlling for individual poverty status and poverty intensity. The negative … relationship between aggregate poverty and SWB is more salient in the upper segments of the income distribution and is robust to …
Persistent link: https://www.econbiz.de/10011582002
We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann-Morgenstern utilities of the individuals. After examining the...
Persistent link: https://www.econbiz.de/10010462001