Changes in Subjective Well‑Being Over Time: Economic and Social Resources do Matter Moro Egido, Ana Isabel Navarro Hernández, María Victoria Sánchez Domínguez, María Ángeles Changes in subjective well-being Economic resources Social resources Psychological capital Public policy The authors gratefully acknowledge the financial support provided by the Government of Spain through grant ECO2015-63734-P (MINECO/FEDER), the FPU2014/1123 fellowship from the Spanish Ministry of Education and the Fortalecimiento Program of the University of Granada (SEJ-340, SEJ-393). Funding for open access charge: Universidad de Granada/CBUA. This article analyzes the main determinants of changes in subjective well-being over time in Germany distinguishing between long-term and short-term changes. Our findings for the long term indicate that social capital and values and cultural dimensions have the greatest capacity to predict changes in subjective well-being. Likewise, the correlation between economic resources and subjective well-being is weaker due to the small increase registered in household income and because people compare their income with those who are better off and feel envy. In the short term, economic resources have the highest capacity to predict both improvements (ups) and declines (downs) in subjective well-being. Finally, we also suggest that, whenever information is available, personality traits should be taken into account in the analysis of changes in subjective well-being over time in order to achieve more reliable estimates. 2021-12-21T07:39:11Z 2021-12-21T07:39:11Z 2021-12-04 info:eu-repo/semantics/article Moro-Egido, A.l., Navarro, M. & Sánchez, A. Changes in Subjective Well-Being Over Time: Economic and Social Resources do Matter. J Happiness Stud (2021). [https://doi.org/10.1007/s10902-021-00473-3] http://hdl.handle.net/10481/72142 10.1007/s10902-021-00473-3 eng http://creativecommons.org/licenses/by/3.0/es/ info:eu-repo/semantics/openAccess Atribución 3.0 España Springer