Clark, Andrew E.; D'Ambrosio, Conchita; Ghislandi, Simone - 2015 - This version: February 2015
We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use … 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 …
