Research on the Relationship Between Income and Happiness: From the Perspective of Economics

Authors

  • Jiawei Hu

DOI:

https://doi.org/10.54097/fbem.v7i1.4125

Keywords:

Happiness, Income, Utility, Desire.

Abstract

With the Economic Reform and Open-up, China's per capita disposable income had been greatly improved since the beginning of the 21st century. However, according to the survey, the relationship between income and happiness was not simple linear. Based on this, this paper analyzed and discussed the relationship between income and happiness from the perspective of economics, and gave answers to how to improve happiness. Specifically, this study first discussed the linear relationship between income and happiness, then putted forward the "income" and "non-income" factors that affect happiness and their mechanisms, and finally putted forward relevant suggestions on how to improve happiness.

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References

Sun Jiling, Hu Ronghua. Income Level, Consumption Pressure and Happiness [J]. Finance and Trade Research, 2017, 28 (02): 1-8.(In Chinese)

Wu Limin, Chen Huixiong. Construction of Structural Equation Model of Income and Happiness Index -- Taking Small Towns in Zhejiang Province as an Example [J]. China Rural Economy, 2010 (11): 63-74.(In Chinese)

Zhou Yi. Research on The Difference of Income and Happiness of Different Occupational Groups [D]. Zhejiang: Zhejiang University of Finance and Economics, 2015.(In Chinese)

Li Qingqing Economic Analysis of the Correlation between Income and Well being [D]. Guangdong: Jinan University, 2011.(In Chinese)

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Published

01-01-2023

How to Cite

Hu, J. (2023). Research on the Relationship Between Income and Happiness: From the Perspective of Economics. Frontiers in Business, Economics and Management, 7(1), 193–195. https://doi.org/10.54097/fbem.v7i1.4125

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Section

Articles