satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence …

satisfaction falls with both the incidence and intensity of contemporaneous poverty. Second, poverty scars: those who have been … poor in the past report lower life satisfaction today, even when out of poverty. Last, the order of poverty spells matters …: for a given number of years in poverty, satisfaction is lower when the years are linked together. As such, poverty …

correlated with subjective well-being, both in terms of cognitive evaluations (life and job satisfaction) and affect (the …