https://kylrth.com/tags/policy/Recent content in policy on Kyle RothHugo -- gohugo.ioen-usWed, 30 Mar 2022 13:34:53 -0400Experienced well-being rises with income, even above $75,000 per yearhttps://kylrth.com/paper/experienced-well-being/Wed, 30 Mar 2022 13:34:53 -0400https://kylrth.com/paper/experienced-well-being/Turns out that money does buy happiness. You may have heard that people’s average happiness stops improving once you make more than $75,000/year? Researchers did a better survey with more data and found that that was not the case.
The researchers cited 5 methodological improvements over the old research that suggested that it didn’t matter after $75,000:
They measured people’s happiness in real time, instead of having people try to remember past happiness levels.......