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Pré-Publication, Document De Travail Année : 2015

Rising Aspirations Dampen Satisfaction

Résumé

It is commonly-believed that education is a good thing for individuals. Yet its correlation with subjective well-being is most often only weakly positive, or even negative, despite the many associated better individual-level outcomes We here square the circle using novel Japanese data on happiness aspirations. If reported happiness comes from a comparison of outcomes to aspirations, then any phenomenon raising both at the same time will have only a muted effect on reported well-being. We find that around half of the happiness effect of education is cancelled out by higher aspirations, and suggest a similar dampening effect for income.
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Dates et versions

halshs-01122749 , version 1 (04-03-2015)

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  • HAL Id : halshs-01122749 , version 1

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Andrew E. Clark, Akiko Kamesaka, Teruyuki Tamura. Rising Aspirations Dampen Satisfaction. 2015. ⟨halshs-01122749⟩
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