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Advances in Psychological Science    2018, Vol. 26 Issue (1) : 180-189     DOI: 10.3724/SP.J.1042.2018.00180
Regular Articles |
 Happiness-income paradox and the latest explanation
 YAN Xiaohua1; LIU Zhenliang2; WANG Xiangkun1; MU Shoukuan1
 (1 School of Educational Science, Minnan Normal University, Zhangzhou 363000, China) (2 Department of Psychology, Nanjing University, Nanjing 210023, China)
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Abstract   The cross-sectional studies show a positive relationship between income and happiness whereas the long-term series studies—usually a period of 10 years or more—show there is a nil relationship between them, which is the so-called happiness-income paradox. Previous studies usually explain the happiness- income paradox from the perspective of theory such as Set-Point Theory, Adaptation Theory, or Relative Utility Theory. Recently, researchers have paid much concern to the omitted variables. Five types of omitted variables, including income inequality, education, social capital, individualism-collectivism and marital status, are introduced in this article to interpret the phenomenon. The negative effects of omitted variables on happiness offset the positive effect of income, which leads to an occurrence of happiness-income paradox.
Keywords happiness-income paradox      happiness      income      omitted variables     
ZTFLH:     
  B849:C91  
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Corresponding Authors: MU Shoukuan, E-mail: msk1967@163.com   
Issue Date: 28 November 2017
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YAN Xiaohua
LIU Zhenliang
WANG Xiangkun
MU Shoukuan
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YAN Xiaohua,LIU Zhenliang,WANG Xiangkun, et al.  Happiness-income paradox and the latest explanation[J]. Advances in Psychological Science, 2018, 26(1): 180-189.
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http://journal.psych.ac.cn/xlkxjz/EN/10.3724/SP.J.1042.2018.00180     OR     http://journal.psych.ac.cn/xlkxjz/EN/Y2018/V26/I1/180
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