Does Income Class Affect Life Satisfaction? New Evidence from Cross-Country Microdata
This paper analyzes the impact of income class on subjective wellbeing. Using rich data from the Gallup World Poll, we investigate whether belonging to locally (both country- and time-specific) defined income classes influences individuals’ life satisfaction. We rely on a latent class analysis estim...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2022-06-01
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Series: | Social Sciences |
Subjects: | |
Online Access: | https://www.mdpi.com/2076-0760/11/6/262 |