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Research Collection School of Social Sciences

Income

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Full-Text Articles in Social Psychology

Rising Income And The Subjective Well-Being Of Nations, Ed Diener, Louis Tay, Shigehiro Oishi Feb 2013

Rising Income And The Subjective Well-Being Of Nations, Ed Diener, Louis Tay, Shigehiro Oishi

Research Collection School of Social Sciences

We explored whether rising income in nations is associated with increasing subjective well-being (SWB), with several advances over earlier work. Our methods are improved in that across time, the same well-being questions were asked in the same order, and we employed broad and equivalent representative samples over time from a large number of nations. We also assessed psychosocial factors that might mediate the relation of income and SWB. We found that changes in household income were associated with concomitant changes in life evaluations, positive feelings, and negative feelings. The effects of gross domestic product (GDP) change were weaker and significant …


Well-Being On Planet Earth, Ed Diener, William Tov Dec 2009

Well-Being On Planet Earth, Ed Diener, William Tov

Research Collection School of Social Sciences

The Gallup World Poll allows a look at how humanity is flourishing, based on the answers of survey respondents sampled from across the globe. Several conclusions are clear. First, how people are doing depends enormously on the society in which they live, and nations vary from doing very well to extremely poorly. In terms of subjective well-being, nations vary greatly, in both judgments of overall life and in positive and negative emotions. The best predictors of global life judgments were income and ownership of modern conveniences, whereas the best predictors of emotions were social factors such as the control of …