Untangling the Relationship Between Income and Subjective Well-Being: The Role of Perceived Income Adequacy and Borrowing Constraints

This paper aims to untangle the relationship between income and subjective well-being. To accomplish this, we investigate how subjective well-being is affected by two financially-related determinants that have not been investigated before or scarcely so. Specifically, we research the impact on subjective well-being of how people are coping with their present income as well as of their borrowing constraints. The results indicate that both variables determine subjective well-being and that they mediate the effects of other variables, namely income, which is not directly related to well-being. Additionally, they signal that income matters to the extent to which it contributes to meeting the desired consumption needs and eases borrowing constraints. Such mediating effects thus contribute to explain how income affects subjective well-being. We also inspect differences in life satisfaction responsiveness to perceived income adequacy and borrowing constraints in certain groups of individuals, and find that the subjective well-being of individuals in a more fragile financial position is particularly responsive to the alleviation of borrowing constraints.     

促进型和抑制型建言的差异

本文系统地回顾了促进型和抑制型建言在前因与后果上的差异。这些差异的理论基础包括计划行为理论、调节焦点理论、目标导向理论、社会期望理论、资源保存理论、归因理论、自我损耗理论、认知评价理论以及情感事件理论。与理论相对应, 两类建言前因的差异体现在建言者特质(如人格、动机)、领导风格与行为、领导成员交换和组织层面的因素(如组织政治、组织公平)等方面; 后果的差异体现在建言者工作态度与行为(如绩效、工作满意度)、领导建言采纳和团队绩效等方面。未来可能的研究方向包括:探讨两类建言在团队中的共存、两类建言的文化差异等。     

人格和主观幸福感关系探新

在对主观幸福感的概念、研究现状介绍的基础上,从特质、自我、目标、需要等四个方面回顾了当前人格和主观幸福感的关系研究,分析了在文化和主观幸福感的关系中人格的中介作用,并从研究内容、研究方法、研究对象、研究过程、研究方向等五个方面阐述了未来人格和主观幸福感关系的研究趋势。     

The Relative Importance of Personality,Financial Satisfaction,and Autonomy for Different Subjective Well-Being Facets

Abstract

Using a nationally representative sample (N?=?507) from Singapore, this study examined whether personality, financial satisfaction, and autonomy were important to subjective well-being (SWB), and how the importance of these predictors varied across different SWB facets—life satisfaction, happiness, positive feelings, and negative feelings. The findings indicated that neuroticism, financial satisfaction, and autonomy, were important predictors of happiness. Personality was most important for affective well-being (i.e., positive and negative feelings), whereas financial satisfaction was most important for life satisfaction. Specifically, neuroticism accounted for substantial variance in positive and negative feelings, and was the strongest correlate among the Big Five traits. In contrast, financial satisfaction explained most of the variance in life satisfaction. This highlights that the importance of well-being predictors depended on the facet of well-being examined. The findings suggest that residents in an affluent nation like Singapore do not emphasize only postmaterialist values (e.g., autonomy) and disregard materialist concerns (e.g., financial satisfaction). Though certain SWB facets (positive and negative affect) are largely influenced by dispositional factors, other facets (life satisfaction and happiness) are closely related to factors (e.g., financial satisfaction, autonomy) that may be affected by social policies. Policymakers can thus target those aspects to enhance people’s SWB.     

L’enrichissement entre vie professionnelle et vie personnelle : revue et programme de recherché

Work-life enrichment, defined as the transfer of resources and affects from one role to another, has long remained in the shadow of the concept of work-life conflict. Several processes for work-life enrichment, for instance instrumental and affective, have been identified. Commitment to the family role predicts work-to-family enrichment (WFE), while commitment to the work role predicts family-to-work enrichment (FWE). Gender, personality and social support are other antecedents of work-life enrichment. WFE is positively associated with job satisfaction and FEW with family satisfaction. An agenda for future research suggests conducting qualitative, longitudinal and contextualized research.     

Well-being and the anticipation of future positive experiences: The role of income, social networks, and planning ability

The present study aims to answer two questions: (1) are expectations of future positive experiences related to well-being in the general population?; and (2) what factors (social, psychological, economic) enable people to have expectations of future positive experiences. A community sample (N = 84) was assessed on a measure of anticipation of future positive and negative experiences, factors that might enable positive anticipation (measures of income, social networks, planning ability, and affective capacity) and measures of subjective well-being (positive and negative affect and life satisfaction). Subjective well-being was related to having more anticipated positive experiences, which was in turn related to having a large social network, having a high number of steps in plans to achieve goals, and, more marginally, to having a high household income.     

What Makes People Happy? Some Evidence from Northern Ireland

Using data on over 3000 individuals in Northern Ireland, this paper conducts an econometric investigation into what makes people happy. It draws a distinction between “objective” (income, marital status) and “subjective” (satisfaction with one’s standard of living (SoL); money worries; experience of poverty) factors determining happiness. In so doing, it takes a broader view of “economic status” than one defined solely by income: occupational class, mortgage status, financial worries, rural/urban residence, poverty experience, and, of course, income coalesce to form this, more complex, concept of economic status. Juxtaposed against this, is the concept of “context-free” and “context-specific” well-being. A particular example of the latter is the degree of satisfaction with one’s SoL and an important point of focus of the paper is the relationship between SoL satisfaction and happiness. A complementary point of focus is an analysis of the determinants of context-free and context-specific well-being. The paper also examines the effects of non-economic factors on happiness in particular on specific aspects of the ill-health of respondents and upon the quality of the areas in which they live. Having analysed these effects, it places a money value on each of the diversity of effects that act upon a person’s level of happiness.The analysis in this paper is based on the Poverty and Social Exclusion in Northern Ireland (PSENI) Project’s data and I am grateful to the Project leaders – Paddy Hillyard, Eithne McLaughlin and Mike Tomlinson – for permission to use these data. Thanks are due to Andrew Oswald, to one of the Editors of JOHS, and to two anonymous referees for their valuable comments. Needless to say, the usual disclaimer applies.     

Socio-Demographic Variables Affecting Well-Being: A Study on Indian Rural Women

The women in Indian villages perform multiple roles that include looking after the various needs of the family members, participating in home bound income generating activities (e.g. animal husbandry, agricultural activities) and holding jobs outside the home. Against this backdrop this study addressed two related goals: (a) to understand the perception of the dual role by the rural women, their work status and preferences and the attitude of their families and society towards women and (b) to explore variation in their well-being as a function of chronological age, level of education and work status. A large sample of 221 rural women (age range 18 to 56 years) drawn from villages of Haryana participated in the study. The relevant data were obtained through interview and observation. The findings showed that family and society appreciated the efforts of the rural women. Age and level of education emerged as significant factors in determining the experience of well-being.     

Feeling Economically Dependent on One's Job: Its Origins and Functions With Regard to Worker Well-Being

The origins and functions of feeling economically dependent on one's job were examined among a sample of 168 hospital workers. As predicted, economic dependency was found to be greater the more dependents workers have, the less money they earn from their jobs, the less other income they have in their family units, the more they adhere to an instrumental work orientation, and the less mobile they perceive themselves to be. Also as predicted, it was found that economic dependency fully mediated the relationship between 4 of the 5 antecedents (number of dependents, other income, instrumental values, and perceived mobility) and the subjective well-being of workers. Job-related income was observed to have both direct and indirect effects. Further, the relationship between economic dependency and subjective well-being was negative. These latter findings are discussed and implications drawn for the future use of the economic dependency construct.     

Exploring the place of financial status in the good life: Income and meaning in life

Abstract

Two studies examined the association between income and meaning in life (MIL). Study 1 (N = 781) demonstrated that income and other measures of financial status are positively associated with MIL and other aspects of well-being. The association between income and MIL was partially explained by autonomy, competence, and perceptions of control. Study 2 (N = 123) examined people’s forecasts of how financial status would affect their future well-being. Having a middle class or upper-middle class income in the future was expected to result in higher MIL, happiness, and need satisfaction than a life with a low income, showing that people perceive income as tied to meaning. These studies demonstrate how financial status can contribute to actual and expected MIL.     

Subjective Well-Being During the 2008 Economic Crisis: Identification of Mediating and Moderating Factors

We examine the effects of the 2008 economic crisis on the reported subjective well-being (SWB) of nationally representative samples in 36 mainly European countries between 2002 and 2013. We study how SWB fluctuates along the business cycle, and how it is mediated by individual and country-level socioeconomic factors. Our key finding is that the economic crisis had a negative and S-shaped effect on SWB, implying diminishing marginal sensitivity at higher income losses and gains. During the economic downturn, roughly half of individual-level and macro-level determinants exhibit notable changes in significance and/or magnitude of the effect on SWB. This is taken as an indication of psychological adaptation and shifting reference frames. Five factors display an augmented effect on happiness and life satisfaction during the crisis (below-average income, the Gini index, attitude towards income equality, religiosity, and conscientiousness), while two determinants exhibit attenuated impact on the SWB measures (relationship status and unemployment rate).     

Resource replacement and psychological well-being during unemployment: The role of family support

There is an established inverse relationship between unemployment and psychological wellbeing. However, little is known about the processes that underlie this relationship. Using latent deprivation, conservation of resources, and social capital to form a theoretical framework, this study explored the relationship between the latent benefits associated with employment, family support, and financial strain. In a sample of 174 unemployed individuals, latent benefits were shown to partially mediate the relationship between family support and psychological well-being. Additionally, this mediation was moderated by financial strain, with latent benefits being more related to psychological well-being in those with greater financial strain. These findings provide guidance in understanding how to better address the needs that contribute to psychological well-being in those who are unemployed.     

Zeroing in on the dark side of the American Dream: a closer look at the negative consequences of the goal for financial success

Recent research has demonstrated that aspiring to the American Dream of financial success has negative consequences for various aspects of psychological well-being. The present longitudinal study examining the relation between the goal for financial success, attainment of that goal, and satisfaction with various life domains found that the negative impact of the goal for financial success on overall life satisfaction diminished as household income increased. The negative consequences of the goal for financial success seemed to be limited to those specific life domains that either concerned relationships with other people or involved income-producing activities, such as one's job; satisfactions with two of those life domains, however, were among the strongest predictors of overall life satisfaction in this sample of well-educated respondents in their late 30s. The negative consequences were particularly severe for the domain of family life; the stronger the goal for financial success, the lower the satisfaction with family life, regardless of household income.     

Financial hardship and well-being: a cross-national comparison among the European self-employed

Based on data from the 2004 and 2010 European Social Survey, this multidisciplinary and cross-national comparative study investigates the relationship between financial hardship and subjective well-being among 9,755 self-employed individuals from 31 European countries. It also aims to identify potential mitigating factors in this relationship on both the individual and the country level. Multilevel regression analyses reveal a strong relationship between financial hardship and impaired well-being, explaining about 36% of variance in well-being between conditions (countries and time periods) and 8% of variance between individuals. In other words, economic conditions matter significantly. Additionally, education and social trust act as important buffering factors for individuals, and the relationship between financial hardship and impaired well-being is somewhat weaker for self-employed persons living in countries with a more supportive social policy in the form of unemployment allowance. Entrepreneurs can hence mitigate the consequences of financial hardship by protecting social resources, and policymakers can be advised to invest in education and social security.     

Happiness and despair on the catwalk: Need satisfaction,well-being,and personality adjustment among fashion models

According to self-determination theory, well-being and healthy personality development depend on the fulfillment of three basic psychological needs: autonomy, relatedness, and competence. However, various contextual features can interfere with need satisfaction and undermine well-being. We hypothesized that fashion models, who are often valued for superficial reasons (i.e., their looks) and who may not have regular opportunities to cultivate deep relationships or exercise personal control on the job, might experience lower psychological need satisfaction, less well-being, and less optimal personality adjustment. Two studies were conducted in which professional fashion models (N?=?56 in Study 1; N?=?35 in Study 2) were compared to approximately equally large groups of non-models. Fashion models reported slightly lower need satisfaction and well-being but greater personality maladjustment (personality disorder features). Mediation analyses in Study 1 suggested that the lower well-being among models was explained via unfulfilled basic needs. These findings further substantiate the importance of basic need satisfaction for well-being and optimal adjustment.     

Multidimensionality of Well-Being and Spillover Effects Across Life Domains: How Do Parenthood and Personality Affect Changes in Domain-Specific Satisfaction?

Whether having children improves our well-being is a long-standing topic of debate. Demographic and sociological research has investigated changes in individuals’ overall well-being and partnership satisfaction when they become parents. However, little is known about how becoming parent may produce vulnerability—observable as an enduring decrease in well-being—in life domains that are strongly interdependent with the family domain, such as work and leisure. Linking life-course and personality psychology perspectives, the authors examine the trajectories of subjective well-being—measured as satisfaction with life, work, and leisure—3 years before and 3 years after the transition to parenthood. The authors particularly focus on the moderating effects of gender and personality. Using data from the German Socio-Economic Panel (1984–2013) and multilevel growth curve modeling, the authors show strong gender-based vulnerability in how people react to parenthood. Although men display a nonlinear pathway of decreasing life satisfaction and a stable trajectory of job satisfaction, women experience more changes in their satisfaction with work and more dramatic decreases in leisure satisfaction. Contrary to most of our expectations, the moderating effects of personality were modest. Extraversion influenced the trajectories of work satisfaction, whereas neuroticism and conscientiousness affected the pathway of leisure satisfaction for women only. This article shows that the transition to parenthood influences well-being trajectories in specific domains, and this influence differs between women and men.     

Domain Satisfaction as a Mediator of the Relationship Between Work–Family Spillover and Subjective Well-Being: A Longitudinal Study

Purpose

Despite greater recognition that public and workplace policies are needed to facilitate work–family integration, scarce evidence exists on whether and how work–family spillover relates to future subjective well-being (SWB). Guided by conservation of resources theory and bottom-up theories of SWB (i.e., domain-specific satisfaction serves as a source of overall SWB), we investigated the relationship between work–family spillover and future life satisfaction and the potential mechanisms of the relationship (job and marital satisfaction). The relative contribution of positive and negative work–family spillover to SWB was also examined.

Design/Methodology/Approach

Lagged analyses were conducted on self-reported data from a representative U.S. sample over a 9-year interval (N = 2588).

Findings

Individuals who experienced negative work-to-family spillover were less satisfied with their life at a 9-year follow-up, whereas those who experienced positive family-to-work spillover reported higher life satisfaction at the follow-up. These prospective associations remained significant when considering other established predictors of life satisfaction (baseline life satisfaction, health, gender, income, and personality) and were mediated by job satisfaction and marital satisfaction.

Implications

This study provides empirical evidence for ongoing advocacy for working families, suggesting that policies that facilitate positive family-to-work spillover and minimize negative work-to-family spillover should be regarded as essential to enhance SWB of individuals in our society in the long run.

Originality/Value

This study expands our understanding of the causal relationship between work–family spillover and life satisfaction by considering both positive and negative spillover and demonstrating the mechanisms by which work–family spillover relates to future life satisfaction, even beyond personality, health, and income.

     

社会认知基本维度与主观幸福感：未来时间洞察力的中介作用

基于社会认知双视角模型和人类适应机制,探讨能动性和表达性与主观幸福感的关系及其作用机制,采用社会认知基本维度形容词词库、未来时间洞察力问卷和幸福感指数量表对全国21个省市居民进行调查,共回收有效问卷4071份,其中男性1714人（42.1%）,女性2342人（57.5%）。结果表明：（1）能动性、表达性显著正向预测主观幸福,且能动性的预测效力大于表达性;未来时间洞察力显著正向预测主观幸福感;（2）能动性、表达性能通过未来时间洞察力的中介作用间接预测个人主观幸福感。本研究结果有利于揭示能动性、表达性如何影响个体主观幸福感体验,以及能动性、表达性对主观幸福感的影响程度,对于提升个人主观幸福感有一定启示意义。     

Exploring Predictors of Subjective Well-Being in Ghana: A Micro-Level Study

Subjective well-being has been studied by social scientists for decades mostly in developed countries. Little is known about determinants of subjective well-being in developing countries and more particularly in Sub-Saharan Africa (SSA). Using 2005–2008 World Values Survey (n = 1,533) this study adds to existing literature on well-being in developing countries focusing on Ghana. The paper explores the predictors of two measures of subjective well-being—happiness and satisfaction in life at micro-level in Ghana. The analyses are divided into two main sections. The first part describes the distribution of happiness and satisfaction in life among Ghanaians. The second section elucidates factors influencing the selected measures of subjective well-being separately. The data reveal that both happiness and life satisfaction among Ghanaians are shaped by multitude of factors including economic, cultural, social capital and health variables. Relatively, perceived health status emerged as the most salient predictor of both measures of well-being. Besides religiosity, all the religion variables emerged as significant predictors of how Ghanaians appraise their own well-being. Equally, income, ethnicity and social capital variables emerged as predictors of happiness and life satisfaction at micro-level in Ghana. Policy implications of the findings are discussed alluding to multidimensional approach to well-being promotion in the country. The outcome of the study also establishes the fact that factors predicting subjective well-being at the micro level vary in SSA context compared to the developed world.