Link between income and happiness is mainly an illusion
Princeton's release reported that Alan Krueger and Daniel Kahneman, with colleagues from three other universities, found in Science that the link between income and happiness is greatly exaggerated. People expected women earning under 20,000 dollars to spend 32 per cent more time in a bad mood than those earning over 100,000, but the women reported only 12 per cent more. Higher earners also spent less time on passive leisure such as socialising or watching television.
Princeton's release reported that Alan Krueger and Daniel Kahneman, with colleagues from three other universities, found in Science that the link between income and happiness is greatly exaggerated. People expected women earning under 20,000 dollars to spend 32 per cent more time in a bad mood than those earning over 100,000, but the women reported only 12 per cent more. Higher earners also spent less time on passive leisure such as socialising or watching television.
Written from the princeton University news release of 29 June 2006, read 2026-10-27.
What our sources record
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Princeton University (2006). Link between income and happiness is mainly an illusion. News release, 29 June 2006