Money and happiness

Spark #39, March 2, 2025

 Title: Income and emotional well-being: A conflict resolved

Who conducted it: Matthew A. Killingsworth, Daniel Kahneman and Barbara Mellers

Published when and where: The study was published in 2023 in the Proceedings of the National Academy of Sciences.

The other two referenced studies are:

  • High income improves evaluation of life but not emotional well-being (Daniel Kahneman and Angus Deaton, 2010, Proceedings of the National Academy of Sciences)
  • Experienced well-being rises with income, even above $75,000 per year (Matthew A. Killingsworth, 2021, Proceedings of the National Academy of Sciences)

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