Rising aspirations dampen satisfaction
Andrew E. Clark
- Fonction : Auteur
- PersonId : 742286
- IdHAL : andrew-clark
- ORCID : 0000-0001-7004-7654
- IdRef : 035800070
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.
Domaines
Economies et finances| Format du dépôt | Notice |
|---|---|
| Type de dépôt | Article dans une revue |
| Titre |
en
Rising aspirations dampen satisfaction
|
| Résumé |
en
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.
|
| Auteur(s) |
Andrew E. Clark
1, 2
, Akiko Kamesaka
3, 4
, Teruyuki Tamura
5
1
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
2
PSE -
Paris-Jourdan Sciences Economiques
( 139754 )
- 48 boulevard Jourdan 75014 Paris
- France
3
AGU -
Aoyama Gakuin University
( 481270 )
- Aoyama Campus, 4-4-25 Shibuya, Shibuya -ku, Tokyo 150-8366
Sagamihara Campus : 5-10-1 Fuchinobe Chuo-ku, Sagamihara-shi, Kanagawa-ken 252-5258
- Japon
4
ESRIN -
European Space Research Institute
( 118651 )
- Frascati 0044 Roma
- Italie
5
Sophia University [Tokyo]
( 356760 )
- 102-8554 Tokyo, Chiyoda, Kioicho
- Japon
|
| Langue du document |
Anglais
|
| Nom de la revue |
|
| Vulgarisation |
Non
|
| Comité de lecture |
Oui
|
| Audience |
Internationale
|
| Date de publication |
2015-07
|
| Volume |
23
|
| Numéro |
5
|
| Page/Identifiant |
515-531
|
| Domaine(s) |
|
| Mots-clés (JEL) |
|
| Financement |
|
| Mots-clés |
en
education, satisfaction, aspirations, income
|
| DOI | 10.1080/09645292.2015.1042960 |
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