Subjective well-being and basic needs: evidence from rural Guatemala Guardiola, Jorge García-Muñoz, Teresa Subjective well being Basic needs Poverty Guatemala Highlands This paper deals with basic needs fulfillment interpreted in a subjective way. We develop a framework in which the basic needs of households in developing areas are valued from a subjective point of view. We estimate how certain indicators and assets influence basic needs perception. We compare income and perceived basic needs poverty measures, finding that they mismatch. We conclude that income-based approaches should be complemented with other indicators such as subjective satisfaction measures to understand development and measure poverty. 2014-05-05T10:06:55Z 2014-05-05T10:06:55Z 2009 info:eu-repo/semantics/report Guardiola, J.; García-Muñoz, T. Subjective well-being and basic needs: evidence from rural Guatemala. Universidad de Granada. Departamento de Teoría e Historia Económica (2009). (The Papers; 09/03). [http://hdl.handle.net/10481/31547] http://hdl.handle.net/10481/31547 eng The Papers;09/03 http://creativecommons.org/licenses/by-nc-nd/3.0/ info:eu-repo/semantics/openAccess Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License Universidad de Granada. Departamento de Teoría e Historia Económica