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…

Within international development greater income is assumed to lead to greater need fulfilment, which increases subjective wellbeing. The Wellbeing in Developing Countries ESRC Research Group's dataset provides an opportunity to test these relationships using measures of income, expenditure, perceived and "objective" need satisfaction and…

Recent studies investigating need theory and the extent to which money can buy happiness have called for more research within culturally homogeneous samples from developing countries to explore this relationship. We examine wealth as a measure of possessions and savings and relate this to subjective well-being (SWB) among poor indigenous farmers…