IDEAS home Printed from https://ideas.repec.org/a/bla/revinw/v70y2024i1p33-59.html
   My bibliography  Save this article

Healthy, Wealthy, and Happy: The Joint Role of Health and Income in Explaining Global Life Satisfaction

Author

Listed:
  • Marina Selini Katsaiti
  • Joanna Kopinska
  • Vincenzo Atella

Abstract

Based on Gallup World Poll data, we explore the heterogeneous evolution of income, health, and well‐being within world population subgroups identified according to country, gender, age, and education, offering an integrated approach with wide geographical coverage. We provide novel evidence on the global “winners” and “losers” in life satisfaction between 2009 and 2018, showing that individuals located at the bottom of the global income distribution and those with poor health saw pronounced reductions in life satisfaction as opposed to populations with incomes falling between the 60th and the 80th centile and the healthy ones, who experienced significant improvements. Our results highlight that health is at least on a par with income in explaining life satisfaction, although there are considerable differences across world regions. In particular, health supersedes income in its relevance to life satisfaction, mostly in more affluent world regions, while the opposite holds in destitute parts of the world.

Suggested Citation

  • Marina Selini Katsaiti & Joanna Kopinska & Vincenzo Atella, 2024. "Healthy, Wealthy, and Happy: The Joint Role of Health and Income in Explaining Global Life Satisfaction," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 70(1), pages 33-59, March.
    • Handle: RePEc:bla:revinw:v:70:y:2024:i:1:p:33-59
    DOI: 10.1111/roiw.12630
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/roiw.12630
    Download Restriction: no
    File URL: https://libkey.io/10.1111/roiw.12630?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:revinw:v:70:y:2024:i:1:p:33-59. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/iariwea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.