What affects happiness: Absolute income, relative income or expected income?

Tsui, Hsiao-Chien

doi:10.1016/j.jpolmod.2014.09.005

Cited by 43 publications

(34 citation statements)

References 17 publications

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“…Of particular note was the finding that neither AI nor RI significantly influenced well‐being when IA was in the model. Previous studies in China have found AI and RI to be significant predictors of well‐being (Han, ; Huang et al, ; Knight, Song, & Gunatilaka, ; Tsui, ). A reason for this difference might be that previous studies did not include a measure of IA in their models.…”

Section: Discussionmentioning

confidence: 93%

“…Although Tsui () compared the effects of different types of income on well‐being in Taiwan, these relationships are less clear in Mainland China. Furthermore, Tsui's () study only assessed the sensitivity of the regression coefficients, whereas this study aimed to clarify the relative importance of the types of income to well‐being in Mainland China. Building on Social Comparison Theory, Aspiration Theory and the social changes in contemporary China, this study hypothesised that RI and IA are more important than AI for predicting well‐being.…”

Section: Introductionmentioning

confidence: 99%

“…This study was supported by a research grant from the Research Team's Construction Project from the Faculty of Psychology in Southwest University (2012) (TR201201-1). and IA on well-being (Clark, Frijters, & Shields, 2008;Knight & Gunatilaka, 2010Stutzer, 2004), the type of income that matters most to well-being remains unclear because few studies have directly compared their weights (cf., Tsui, 2014). By comparing the effects of these predictors in one model, the relative importance of the types of income should be revealed, which could provide insights into well-being, the related theories and the public policies that aim to improve it.…”

Section: Introductionmentioning

confidence: 99%

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Which types of income matter most for well‐being in China: Absolute, relative or income aspirations?

2016

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China has experienced remarkable economic growth, but that has not been associated with increases in individual well-being, implying that well-being may not be sensitive to increases in absolute income (AI). Thus, the relationship between well-being and other types of income is worth investigating. This study employed a national sample of 5471 respondents from 31 provinces of China (excluding Hong Kong, Macao and Taiwan) to compare the effects of AI, relative income (RI) and income aspirations (IA) on individual well-being in China. The results of a hierarchical regression analysis found that, compared to AI and RI, IA explained more variation in well-being. These findings highlight the importance of IA for well-being among the Chinese.

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Section: Discussionmentioning

confidence: 93%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Which types of income matter most for well‐being in China: Absolute, relative or income aspirations?

2016

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“…Sin embargo, la analogía felicidad e ingreso relativo parece tener una mayor relevancia en la literatura indagada, encontrándose una correlación estadísticamente significativa entre estas variables en los trabajos realizados por Clark & Oswald (1996), Ferrer-i-Carbonell (2005 y Tsui (2014). Autores y evidencia adicional correspondiente al nivel de ingresos se exponen en la tabla 1.…”

Section: I1 Ingreso: Literatura Indagadaunclassified

“…El ingreso absoluto parece no estar correlacionado con la felicidad reportada. 1 Neutro (Ahuvia, 2008;Easterlin, 1973;Tsui, 2014) Un incremento generalizado en los ingresos absolutos de una sociedad no genera un incremento significativo de la felicidad. 2…”

Section: Nivel Ingresosunclassified

¿El ingreso influye en la felicidad de las poblaciones? Los casos de Colombia, Brasil y México

Bermudez

2019

ETYP

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Este trabajo busca las variables que inciden sobre la probabilidad de reportar ser feliz en Colombia, Brasil y México para el periodo 2010-2014. Para ello, se emplea una especificación logística ordenada por país cuya variable dependiente es el nivel de felicidad reportado expresado en categorías. Las conclusiones de esta aproximación empírica sustentan que el nivel de ingresos no tiene una incidencia notable sobre la felicidad reportada. En contraste, variables como el estado civil, la salud o el número de hijos tienen significativa relevancia sobre la probabilidad de reportar ser feliz. Un hecho sobresaliente en el caso colombiano es el incremento de la probabilidad de reportar ser feliz a medida que aumenta la libertad de elección; en Brasil, la felicidad aumenta en cuanto mejora el estado de salud y en México, la probabilidad de reportar ser feliz es levemente mayor en las mujeres. Por último, la probabilidad de reportar ser feliz a lo largo de la vida tiene forma de "U" en Brasil y México.

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Structural Equation Modelling and the Causal Effect of Permanent Income on Life Satisfaction: The Case of air Pollution Valuation in Switzerland

Giovanis

Özdamar

2017

Environmental Economics and Sustainability

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What affects happiness: Absolute income, relative income or expected income?

Cited by 43 publications

References 17 publications

Which types of income matter most for well‐being in China: Absolute, relative or income aspirations?

Which types of income matter most for well‐being in China: Absolute, relative or income aspirations?

¿El ingreso influye en la felicidad de las poblaciones? Los casos de Colombia, Brasil y México

Structural Equation Modelling and the Causal Effect of Permanent Income on Life Satisfaction: The Case of air Pollution Valuation in Switzerland

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