SWB. In most cases, wealth is more important than income from the perspective of SWB. Theoretical and empirical reasons … since the latter has been measured. For convenience and availability matters, income (what people earn) was mostly used at … the individual level. It is only since recently that data about wealth (what people possess) is available and the links …

: Satisfaction with household income and the income evaluation question as developed by Van Praag. It can be shown that satisfaction … income uncertainty from an ex ante point of view. Two different measures of subjective well being are under study … with income is more affected by ex ante than by ex post volatility of income. The ordinal version of the Van Praag approach …

income, relative income (i.e. how individual income compares to those of peers), individual health, and relative health … countries. In contrast, individual and relative income matter in some countries, such as the US, and not in others, for example … targeting income. …