What is the relationship between money and well-being? Research distinguishes between
two forms of well-being: people's feelings during the moments of life (experienced well …

Time and money are scarce and precious resources: people experience stress about having
insufficient time, and worry about having insufficient money. This chapter reviews research …

We examine the complex relationship between money and happiness. We find that both
permanent income and wealth are better predictors of life satisfaction than current income …

While numerous studies have documented the modest (though reliable) link between
household income and well-being, we examined the accuracy of laypeople's intuitions about …

Recent research has begun to distinguish two aspects of subjective well-being. Emotional
well-being refers to the emotional quality of an individual's everyday experience—the …

Throughout the world most people now desire a high level of material wealth. The policies of
most governments are focused on increasing material prosperity, and most individuals …

Four replicable findings have emerged regarding the relation between income and
subjective well-being (SWB): 1. There are large correlations between the wealth of nations …

Could liquid wealth, or “cash on hand”—the balance of one's checking and savings
accounts—be a better predictor of life satisfaction than income? In a field study using 585 …

One of the most enduring debates in the literature on subjective well-being concerns the
importance of money. Studies consistently show that the correlation between income and …

Economists in recent decades have turned their attention to data that asks people how
happy or satisfied they are with their lives. Much of the early research concluded that the role …