RICHARD A. EASTERLIN's scientific contributions
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Publication (1)
Publisher Summary
This chapter discusses the association of income and happiness. The basic data consist of statements by individuals on their subjective happiness, as reported in thirty surveys from 1946 through 1970, covering nineteen countries, including eleven in Asia, Africa, and Latin America. Within countries, there is a noticeable positive...
Citations
... The first asserts that these variables in absolute terms are the main determinants of happiness (Veenhoven, 1991). The second argues that what really matters are relative levels compared to others (Blanchflower and Oswald, 2004;Easterlin, 1974). The relevance of this approach is based on the implications of the answer to whether improved levels of income and consumption lead to greater happiness in absolute terms or only when this improvement is made relative to those around us. ...
