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U.S. income inequality has risen dramatically in recent decades. Researchers consistently find that greater income inequality measured at the state or national level is associated with diminished subjective well-being (SWB) in the U.S. We conduct the first multi-scale analysis (i.e., at the...
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This study attempts to examine relative income effects on perceived happiness in three major Asian countries -- China … and average income of the reference group are significantly associated with the individual's perceived happiness in Asia …. The associations between relative income and happiness are stronger for individual income than family income in China …
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