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 …

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 …