Does Life Satisfaction Vary with Time and Income? Investigating the Relationship Among Free Time, Income, and Life Satisfaction.
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| Title: | Does Life Satisfaction Vary with Time and Income? Investigating the Relationship Among Free Time, Income, and Life Satisfaction. |
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| Authors: | Masuda, Yuta J. (AUTHOR), Williams, Jason R. (AUTHOR), Tallis, Heather (AUTHOR) |
| Source: | Journal of Happiness Studies. Jun2021, Vol. 22 Issue 5, p2051-2073. 23p. 7 Charts, 5 Graphs. |
| Subjects: | Life satisfaction, Time management, Basic needs, Happiness |
| Abstract: | Time and income are distinct and critical resources needed in the pursuit of happiness (life satisfaction). Income can be used to purchase market goods and services, and time can be used to spend time with friends and family, rest and sleep, and other activities. Yet little research has examined how different combinations of time and income affect life satisfaction, and if more of both is positively associated with greater levels of life satisfaction. We investigate whether life satisfaction significantly varies with time and income using data from the American Time Use Survey and its well-being module, which is a nationally representative sample of over 5000 US respondents over the age of 15. We plot a three-dimensional space exploring the relationship among time, income, and life satisfaction, finding people with similar incomes with less free time have lower levels of life satisfaction. We also identify different four subpopulations, three of which have low well-being along time and income, and one with high well-being along time and income. These subgroups significantly differ along key characteristics. Respondents with less free time and low income—the doubly poor—are more likely to be female, less educated, and have more than two kids and young children. Those with low income but lots of time, in comparison, are more likely to be black, unemployed, and have some physical or cognitive difficult. We conclude that time provides unique insights into human well-being that income alone cannot capture and should be further incorporated into research and policy on life satisfaction. [ABSTRACT FROM AUTHOR] |
| Copyright of Journal of Happiness Studies is the property of Springer Nature and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | Psychology and Behavioral Sciences Collection |
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| Header | DbId: pbh DbLabel: Psychology and Behavioral Sciences Collection An: 150670163 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: Does Life Satisfaction Vary with Time and Income? Investigating the Relationship Among Free Time, Income, and Life Satisfaction. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Masuda%2C+Yuta+J%2E%22">Masuda, Yuta J.</searchLink> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Williams%2C+Jason+R%2E%22">Williams, Jason R.</searchLink> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Tallis%2C+Heather%22">Tallis, Heather</searchLink> (AUTHOR) – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Journal+of+Happiness+Studies%22">Journal of Happiness Studies</searchLink>. Jun2021, Vol. 22 Issue 5, p2051-2073. 23p. 7 Charts, 5 Graphs. – Name: Subject Label: Subjects Group: Su Data: <searchLink fieldCode="DE" term="%22Life+satisfaction%22">Life satisfaction</searchLink><br /><searchLink fieldCode="DE" term="%22Time+management%22">Time management</searchLink><br /><searchLink fieldCode="DE" term="%22Basic+needs%22">Basic needs</searchLink><br /><searchLink fieldCode="DE" term="%22Happiness%22">Happiness</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: Time and income are distinct and critical resources needed in the pursuit of happiness (life satisfaction). Income can be used to purchase market goods and services, and time can be used to spend time with friends and family, rest and sleep, and other activities. Yet little research has examined how different combinations of time and income affect life satisfaction, and if more of both is positively associated with greater levels of life satisfaction. We investigate whether life satisfaction significantly varies with time and income using data from the American Time Use Survey and its well-being module, which is a nationally representative sample of over 5000 US respondents over the age of 15. We plot a three-dimensional space exploring the relationship among time, income, and life satisfaction, finding people with similar incomes with less free time have lower levels of life satisfaction. We also identify different four subpopulations, three of which have low well-being along time and income, and one with high well-being along time and income. These subgroups significantly differ along key characteristics. Respondents with less free time and low income—the doubly poor—are more likely to be female, less educated, and have more than two kids and young children. Those with low income but lots of time, in comparison, are more likely to be black, unemployed, and have some physical or cognitive difficult. We conclude that time provides unique insights into human well-being that income alone cannot capture and should be further incorporated into research and policy on life satisfaction. [ABSTRACT FROM AUTHOR] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of Journal of Happiness Studies is the property of Springer Nature and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=pbh&AN=150670163 |
| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1007/s10902-020-00307-8 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 23 StartPage: 2051 Subjects: – SubjectFull: Life satisfaction Type: general – SubjectFull: Time management Type: general – SubjectFull: Basic needs Type: general – SubjectFull: Happiness Type: general Titles: – TitleFull: Does Life Satisfaction Vary with Time and Income? Investigating the Relationship Among Free Time, Income, and Life Satisfaction. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Masuda, Yuta J. – PersonEntity: Name: NameFull: Williams, Jason R. – PersonEntity: Name: NameFull: Tallis, Heather IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 06 Text: Jun2021 Type: published Y: 2021 Identifiers: – Type: issn-print Value: 13894978 Numbering: – Type: volume Value: 22 – Type: issue Value: 5 Titles: – TitleFull: Journal of Happiness Studies Type: main |
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