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High income improves evaluation of life but not emotional well-being (Can…
High income improves evaluation of life but not emotional well-being
Can money buy happiness?
Subjective well-being
Life evaluation
Thoughts that people have about their life
Related to
income
education
Rises as log income rises
Emotional well-being
Emotional quality of an individuals everyday experience that make life pleasant or unpleasant
stress
anger
sadness
joy
Related to
Care giving
Loneliness
Health
smoking
Rises as log income rises until $75,000
Conclusion: high income buys life satisfaction but not happiness, and that low income is associated both with low life evaluation and low emotional well-being.