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Benefits of income: Associations with life satisfaction among earners and homemakers.
- Source :
-
Personality & Individual Differences . Dec2017, Vol. 119, p92-95. 4p. - Publication Year :
- 2017
-
Abstract
- The question of how money and happiness are associated is still debated. This study tested two hypotheses that aim to explain this association: (1) money increases happiness, and (2) happy people make more money. Using data from the World Values Survey ( N = 64,923, k = 81 nations), we tested whether earning status (primary vs. non-primary earner) moderates the association between income and happiness. The two theories make different predictions regarding this moderation effect: if money increases happiness, household income should predict happiness equally, regardless of earning status. If happy people earn more money, household income should predict the well-being of primary earners more strongly. Multilevel models indicated that data were consistent with the money-increases-happiness hypothesis: income predicted happiness equally for primary earners, secondary earners, and homemakers who do not contribute to household income directly. [ABSTRACT FROM AUTHOR]
- Subjects :
- *SATISFACTION
*HOMEMAKERS
*HYPOTHESIS
*PREDICTION (Psychology)
*HAPPINESS
*PSYCHOLOGY
Subjects
Details
- Language :
- English
- ISSN :
- 01918869
- Volume :
- 119
- Database :
- Academic Search Index
- Journal :
- Personality & Individual Differences
- Publication Type :
- Academic Journal
- Accession number :
- 125117182
- Full Text :
- https://doi.org/10.1016/j.paid.2017.07.004