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Direct linkHowell, Ryan T.; Kurai, Mark; Tam, Leona – Social Indicators Research, 2013
The most prominent theory to explain the curvilinear relationship between income and subjective well-being (SWB) is need theory, which proposes that increased income and wealth can lead to increased well-being in poverty because money is used to satisfy basic physiological needs. The present study tests the tenets of need theory by proposing that…
Descriptors: Psychological Needs, Need Gratification, Well Being, Income
