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...

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Bibliographic Details
Main Authors: Joanne Haddad, Jad Chaaban, Ali Chalak, Hala Ghattas
Format: Article
Language:English
Published: MDPI AG 2022-06-01
Series:Social Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-0760/11/6/262