Relative Income, Relative Assets, and Happiness in Urban China

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Relative Income, Relative Assets, and Happiness in Urban China

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作者：Jin Huang ; Shiyou Wu ; Suo Deng
关键词：Assets ; Happiness ; Income ; Life satisfaction ; Relative assets ; Relative income
刊名：Social Indicators Research
出版年：2016
出版时间：April 2016
年：2016
卷：126
期：3
页码：971-985
全文大小：399 KB
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作者单位：Jin Huang (1)
Shiyou Wu (2)
Suo Deng (3)

1. School of Social Work, College for Public Health and Social Justice, Saint Louis University, 3550 Lindell Blvd., Tegeler Hall, Room 211, St. Louis, MO, 63103, USA
2. School of Social Work, University of North Carolina at Chapel Hill, Tate-Turner-Kuralt Building, 325 Pittsboro Street, Chapel Hill, NC, 27599, USA
3. Sociology Department, Peking University, 5 Yiheyuan Rd, Haidian District, Beijing, 100871, People’s Republic of China
刊物类别：Humanities, Social Sciences and Law
刊物主题：Social Sciences
Sociology
Quality of Life Research
Microeconomics
Public Health
Human Geography
出版者：Springer Netherlands
ISSN：1573-0921

文摘

Does more money always mean that people are happier with their lives? To test the social comparison hypothesis as applied to happiness, this study uses survey data from the 2002 Chinese Household Income Project to examine the association between household economic resources and happiness in urban China. Household economic resources are measured as both income and assets (e.g., net worth and net worth minus home equity). In addition, the analyses include measures of relative income and relative assets. Results of ordinary least square regression analysis show a positive association of absolute income with the happiness score whereas relative income is negatively associated with happiness. Although household assets are a significant and positive predictor of self-assessments of happiness, measures of relative household assets do not correlate with happiness. Study findings suggest the level of happiness among urban populations could be increased through policies that promote pro-poor growth and equal distribution of economic resources. In addition, introducing asset-building policies as supplements to other social assistance programs may promote happiness.