Hope Mediates the Relation between Income and Subjective Well-Being

被引:0
作者
Emma Pleeging
Martijn Burger
Job van Exel
机构
[1] Erasmus University Rotterdam,Erasmus Happiness Economics Research Organisation
[2] Erasmus University Rotterdam,Erasmus Happiness Economics Research Organisation and Department of Applied Economics, Erasmus School of Economics
[3] Erasmus University Rotterdam,Erasmus School of Health Policy & Management and Department of Applied Economics, Erasmus School of Economics
来源
Journal of Happiness Studies | 2021年 / 22卷
关键词
Hope; Expectations; Aspirations; Subjective well-being; United states;
D O I
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中图分类号
学科分类号
摘要
In this study, we examine whether the positive effect of income gains on subjective well-being (SWB) can in part be explained by the improved future prospects that are generated by a more solid financial situation. Using three-wave panel data from the US, we inspect the relation between changes in income, hope and SWB using a fixed-effects model. Results show that hope indeed partially mediates the relation between income and SWB, but only for monthly incomes over $1800. Positive expectations, on the other hand, mediate the relation for all income levels. From the two components of hope, agency, the belief that we can achieve our goals, seems to be the strongest mediator. We find no indications that extremely high levels of hope or expectations will harm SWB through disappointment.
引用
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页码:2075 / 2102
页数:27
相关论文
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