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The Effects of Wealth and Income on Subjective Well-Being and Ill-Being

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dc.creator Headey, Bruce
dc.creator Wooden, Mark
dc.date 2004
dc.date.accessioned 2013-10-16T07:09:39Z
dc.date.available 2013-10-16T07:09:39Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20267
dc.identifier ppn:380019019
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20267
dc.description The accepted view among psychologists and economists alike is that household income has statistically significant but only small effects on measures of subjective well-being. Income, however, is clearly an imperfect measure of the economic circumstances of households. Using data drawn from the 2001 and 2002 waves of the Household, Income and Labour Dynamics in Australia (HILDA) Survey, this paper demonstrates that wealth, which can be viewed as providing a degree of economic security, is at least as important to well-being and ill-being as income.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 1032
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject D19
dc.subject ddc:330
dc.subject income
dc.subject wealth
dc.subject subjective well-being
dc.subject life satisfaction
dc.subject Haushaltseinkommen
dc.subject Vermögen
dc.subject Lebensqualität
dc.subject Schätzung
dc.subject Australien
dc.subject Lebenszufriedenheit
dc.title The Effects of Wealth and Income on Subjective Well-Being and Ill-Being
dc.type doc-type:workingPaper


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