What are some specific economic indicators that have been found to positively or negatively impact happiness?
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Various economic indicators have been identified to impact happiness levels. Income, GDP, property rights, and life expectancy have shown positive relationships with subjective well-being (SWB) . Additionally, factors like health, financial satisfaction, marriage, and supporting government ownership in industries have been linked to increased happiness levels . On the contrary, unemployment has consistently been associated with decreased happiness both in the short and long run . Furthermore, corruption has been found to have a negative correlation with happiness, indicating that perceived corruption can lower overall well-being . These findings highlight the complex interplay between economic indicators and happiness, emphasizing the importance of considering a wide range of factors when assessing well-being.
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| Papers (5) | Insight |
|---|---|
| Specific economic indicators positively impacting happiness include income and financial satisfaction. Negatively, perceived corruption is found to impact happiness levels. | |
| Real GDP per capita shows mixed impact on happiness, negative overall but positive for high-income countries. Democracy and electoral processes positively impact happiness, while corruption prevalence does not significantly affect it. | |
4 Citations | Income positively impacts long-term happiness, while unemployment negatively affects happiness levels in both short and long terms, as evidenced by European panel data analysis. |
| GDP, income, and property rights positively impact happiness, while poverty, unemployment, corruption, and working time have negative effects on subjective well-being. Inflation and emissions were not significant factors. | |
| Unemployment is a key economic indicator that has been found to negatively impact happiness, as highlighted in the research paper. |
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