Consumer Income and Beliefs Affecting Happiness

Resource type
Authors/contributors
Title
Consumer Income and Beliefs Affecting Happiness
Abstract
Recent syntheses of empirical studies have clearly demonstrated a consistently positive relationship between income and happiness. Research is needed to reduce uncertainty and disentangle such relationships, which have been found to be quite modest, but significant in the aggregate. The present study contributes to this end, in that it investigates the moderating effect of income on the relationship between beliefs that serve as internal buffers and happiness. We go beyond simple associations of income and happiness to examine relationships between income and self-esteem and between income and optimism. Finally, causal modeling is employed to demonstrate that, under varying income levels, these beliefs affect happiness by the same process — with distinct yet predictable outcomes.
Book Title
Advances in Quality-of-Life Theory and Research
Series
Social Indicators Research Series
Date
2003
Publisher
Springer Netherlands
Place
Dordrecht
Pages
27-39
ISBN
978-94-017-0387-1
Citation Key
princeConsumerIncomeBeliefs2003
Accessed
12/17/19, 8:42 PM
Language
en
Library Catalog
Springer Link
Extra
Citation Key Alias: lens.org/057-629-356-812-189, pop00235
Citation
Prince, M., & Manolis, C. (2003). Consumer Income and Beliefs Affecting Happiness. In M. J. Sirgy, D. Rahtz, & A. C. Samli (Eds.), Advances in Quality-of-Life Theory and Research (pp. 27–39). Springer Netherlands. https://doi.org/10.1007/978-94-017-0387-1_3