Relationships between subjective well-being and income psychology essay
Regression analysis of subjective well-being data from European Union countries shows that the influence of economic factors on subjective well-being is significant. Subjective well-being SWB is a complex construct defined as “the cognitive and affective evaluations of one's life” Diener et al. 2002, p. 63. Therefore, SWB, also called happiness, is described as a combination of a global judgment of life satisfaction and the relative frequency of experiencing positive versus negative experiences. Subjective well-being SWB refers to how people experience and evaluate their lives and specific domains and activities in their lives. Over the past decade, interest in information about SWB, also called 'self-reported well-being', has increased significantly among researchers, politicians, national statistical offices, the media and the. This study examined the relationship between intelligence and psychological well-being in young people. adults. Conflicting findings are presented on the relationship between intelligence and PWB in children and adolescents, and qualitative findings of Lovecky J Couns 572-575, 1986 in adults. For young adults, DOI: 10.1016 J.JOEP.2010.04. ID: 15493629, Income, sense of community and subjective well-being: combining economic and psychological variables article Jorgensen2010IncomeSO, title, Income, sense of community and subjective well-being: combining economic and psychological variables, author Bradley S; However, other models can provide additional explanatory mechanisms that help explain the complex relationship between perceived economic inequality and subjective well-being, such as relative. A person whose income. and confronts itself with a reference income. experiences the same relative deprivation of an individual, per year and a similar income. For example, men and women have different sensitivities and ambitions, as is well known.