Happiness, income satiation and turning points around the world
@article{Jebb2017HappinessIS, title={Happiness, income satiation and turning points around the world}, author={Andrew T. Jebb and Louis Tay and Ed Diener and Shigehiro Oishi}, journal={Nature Human Behaviour}, year={2017}, volume={2}, pages={33-38} }
Income is known to be associated with happiness1, but debates persist about the exact nature of this relationship2,3. Does happiness rise indefinitely with income, or is there a point at which higher incomes no longer lead to greater well-being? We examine this question using data from the Gallup World Poll, a representative sample of over 1.7 million individuals worldwide. Controlling for demographic factors, we use spline regression models to statistically identify points of ‘income satiation…
170 Citations
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