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Author: | Clark, A. (et al.) |
Title: | Heterogeneity in reported well-being: evidence from twelve European countries |
Journal: | Economic Journal
2005 : MAR, VOL. 115:502, p. 118-132 |
Index terms: | Pay Welfare |
Language: | eng |
Abstract: | This article examines the relationship between reported well-being and income. The data is from twelve European countries. The writers reject the hypothesis that individuals transform income into well-being in the same way. It is shown that both individual characteristics and country of residence are strong predictors of the four classes identified. |
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