Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Increases in personal income important for happiness worldwide, new study says

03.12.2012
Rising incomes that coincide with higher optimism key to well-being

For people living in both rich and poor countries, the average person's happiness is based on a combination of individual wealth, possessions and optimism, according to an analysis of new worldwide survey findings published by the American Psychological Association.

A country's gross domestic product per capita did not have as much of an impact on the average person's happiness, according to research based on responses of 806,526 people in 135 countries from 2005 to 2011. Happiness expert and psychologist Edward Diener, PhD, of the University of Illinois, led the study, which is published in APA's Journal of Personality and Social Psychology.

"We've found that rising income does lead to rising happiness, but it depends on people being optimistic, not having sky-high desires, and the average person being actually able to afford more things. So income is helpful, but only in certain circumstances," said Diener.

Some of the main findings were:

Increases in household income were associated with improved life evaluations and more positive feelings.

GDP per capita was less related to respondents' feelings of personal well-being than rising personal income.

Increased wealth was primarily linked to improvements in well-being if people were able to purchase more material things, such as a television and access to the Internet, in addition to being more optimistic and satisfied with their finances.

Researchers gathered data from the first Gallup World Poll, which conducted surveys by telephone and door-to-door visits. Respondents rated their lives on a scale from zero (worst possible life) to 10 (best possible life) and answered questions about positive or negative emotions experienced the previous day. The researchers looked at each country's gross domestic product per capita, obtained from the International Monetary Fund, and each respondent's household income.

To measure the participants' level of material possessions, the survey asked if they had enough money for food, whether they had enough money for shelter, if they owned a television set and if their household had an Internet connection. It also asked about their optimism for the future and their satisfaction with their current standard of living.

This new research helps bring clarification to the "Easterlin Paradox," a concept introduced in 1974 that suggested the economic growth of nations does not lead to more happiness, according to Diener.

"According to the 'Easterlin Paradox,' rich individuals are happier than poor ones but rising incomes do not seem to be associated with an increase in happiness," he said. "Our research contradicts this concept by finding that rising income will only have an effect if aspirations or desires do not rise even more quickly. If people make more money, they can be happier. But if they are constantly disappointed because they expected to make even more money, then rising income might not help."

Article: "Rising Income and the Subjective Well-Being of Nations," Ed Diener, PhD, University of Illinois and The Gallup Organization; Louis Tay, PhD, Purdue University; and Shige Oishi, PhD, University of Virginia; Journal of Personality and Social Psychology, online Oct. 29, 2012.

Full text of the article is available from the APA Public Affairs Office and at http://www.apa.org/pubs/journals/releases/psp-ofp-diener.pdf

Contact: Ed Diener at ediener@illinois.edu

The American Psychological Association, in Washington, D.C., is the largest scientific and professional organization representing psychology in the United States and is the world's largest association of psychologists. APA's membership includes more than 137,000 researchers, educators, clinicians, consultants and students. Through its divisions in 54 subfields of psychology and affiliations with 60 state, territorial and Canadian provincial associations, APA works to advance the creation, communication and application of psychological knowledge to benefit society and improve people's lives.

www.apa.org

If you do not want to receive APA news releases, please let us know at public.affairs@apa.org or 202-336-5700.

Audrey Hamilton | EurekAlert!
Further information:
http://www.apa.org

More articles from Studies and Analyses:

nachricht Antarctic Ice Sheet mass loss has increased
14.06.2018 | Technische Universität Dresden

nachricht WAKE-UP provides new treatment option for stroke patients | International study led by UKE
17.05.2018 | Universitätsklinikum Hamburg-Eppendorf

All articles from Studies and Analyses >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: AchemAsia 2019 will take place in Shanghai

Moving into its fourth decade, AchemAsia is setting out for new horizons: The International Expo and Innovation Forum for Sustainable Chemical Production will take place from 21-23 May 2019 in Shanghai, China. With an updated event profile, the eleventh edition focusses on topics that are especially relevant for the Chinese process industry, putting a strong emphasis on sustainability and innovation.

Founded in 1989 as a spin-off of ACHEMA to cater to the needs of China’s then developing industry, AchemAsia has since grown into a platform where the latest...

Im Focus: First real-time test of Li-Fi utilization for the industrial Internet of Things

The BMBF-funded OWICELLS project was successfully completed with a final presentation at the BMW plant in Munich. The presentation demonstrated a Li-Fi communication with a mobile robot, while the robot carried out usual production processes (welding, moving and testing parts) in a 5x5m² production cell. The robust, optical wireless transmission is based on spatial diversity; in other words, data is sent and received simultaneously by several LEDs and several photodiodes. The system can transmit data at more than 100 Mbit/s and five milliseconds latency.

Modern production technologies in the automobile industry must become more flexible in order to fulfil individual customer requirements.

Im Focus: Sharp images with flexible fibers

An international team of scientists has discovered a new way to transfer image information through multimodal fibers with almost no distortion - even if the fiber is bent. The results of the study, to which scientist from the Leibniz-Institute of Photonic Technology Jena (Leibniz IPHT) contributed, were published on 6thJune in the highly-cited journal Physical Review Letters.

Endoscopes allow doctors to see into a patient’s body like through a keyhole. Typically, the images are transmitted via a bundle of several hundreds of optical...

Im Focus: Photoexcited graphene puzzle solved

A boost for graphene-based light detectors

Light detection and control lies at the heart of many modern device applications, such as smartphone cameras. Using graphene as a light-sensitive material for...

Im Focus: Water is not the same as water

Water molecules exist in two different forms with almost identical physical properties. For the first time, researchers have succeeded in separating the two forms to show that they can exhibit different chemical reactivities. These results were reported by researchers from the University of Basel and their colleagues in Hamburg in the scientific journal Nature Communications.

From a chemical perspective, water is a molecule in which a single oxygen atom is linked to two hydrogen atoms. It is less well known that water exists in two...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

VideoLinks
Industry & Economy
Event News

Munich conference on asteroid detection, tracking and defense

13.06.2018 | Event News

2nd International Baltic Earth Conference in Denmark: “The Baltic Sea region in Transition”

08.06.2018 | Event News

ISEKI_Food 2018: Conference with Holistic View of Food Production

05.06.2018 | Event News

 
Latest News

Novel method for investigating pore geometry in rocks

18.06.2018 | Earth Sciences

Diamond watch components

18.06.2018 | Process Engineering

New type of photosynthesis discovered

18.06.2018 | Life Sciences

VideoLinks
Science & Research
Overview of more VideoLinks >>>