Howell, Ryan; Kurai, Mark; Tam, Leona - In: Social Indicators Research 110 (2013) 1, pp. 17-29
The most prominent theory to explain the curvilinear relationship between income and subjective well-being (SWB) is need theory, which proposes that increased income and wealth can lead to increased well-being in poverty because money is used to satisfy basic physiological needs. The present...