Changes in Subjective Well‑Being Over Time: Economic and Social Resources do Matter
Metadatos
Afficher la notice complèteEditorial
Springer
Materia
Changes in subjective well-being Economic resources Social resources Psychological capital Public policy
Date
2021-12-04Referencia bibliográfica
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]
Patrocinador
Government of Spain (MINECO/FEDER) ECO2015-63734-P; Spanish Government FPU2014/1123; Fortalecimiento Program of the University of Granada SEJ-340 SEJ-393; Universidad de Granada/CBUARésumé
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.