Coleção Insper Business and Economics Working Papers

URI permanente para esta coleçãohttps://repositorio.insper.edu.br/handle/11224/5740

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  • Working Paper
    Objective and subjective indicators of happiness in Brazil: The mediating role of social class
    (2008) Islam, Gazi; Herrera, Eduardo Wills; Hamilton, Marilyn
    The following research note tests the proposition that monetary household income affects Subjective Well Being (Deiner et al, 1999) through the mediating mechanisms of objective and subjective social class. A representative sample is drawn from a Brazilian urban center, in a door-to-door survey format. A back-translated version of Diener et al’s (1985) Satisfaction with Life Scale showed a significant relationship with income. However, this effect was mediated by both objectively measured and subjectively measured social class. These effects reinforce, extend, and internationally generalize the person x situation perspective elaborated by Diener et al.