Subjective well-being and income: a compromise between Easterlin paradox and its critiques
<|begin_of_text|><|start_header_id|>system<|end_header_id|> You are a research archivist expert in dataset metadata. Answer the question truthfully.  <|eot_id|><|start_header_id|>user<|end_header_id|> Here is the Description of a dataset. Description:'Despite rising popularity of subjective well-being (SWB) as a proxy  for util- ity, its relationship with income is still unresolved. Against the background of debates around the ‘Easterlin paradox’, this paper  seeks a compromise between two positions:  one that insists on individual relative income, and one that finds similarity between individual  and aggregate levels. Proposing a model which  puts the emphasis on the interaction between individual  and aggregate-level factors, it argues that the effect of relative income on SWB varies across countries as a function  of average income, in addition to a rela- tively small direct effect of the latter, in partial agreement with the two major positions.  The model is tested cross-sectionally  on the data from the latest wave of World Values Survey.  The results from hierarchical mixed-ef' . Please return only a json list of at most 3 Keywords corresponding to the Description:.<|eot_id|><|start_header_id|>assistant<|end_header_id|> {"Answer" : ["Easterlin paradox","National income","Relative income","Subjective well-being"]} <|eot_id|>
 Here is the Description of a dataset. Description:'Despite rising popularity of subjective well-being (SWB) as a proxy  for util- ity, its relationship with income is still unresolved. Against the background of debates around the ‘Easterlin paradox’, this paper  seeks a compromise between two positions:  one that insists on individual relative income, and one that finds similarity between individual  and aggregate levels. Proposing a model which  puts the emphasis on the interaction between individual  and aggregate-level factors, it argues that the effect of relative income on SWB varies across countries as a function  of average income, in addition to a rela- tively small direct effect of the latter, in partial agreement with the two major positions.  The model is tested cross-sectionally  on the data from the latest wave of World Values Survey.  The results from hierarchical mixed-ef' . Please return only a json list of at most 3 Keywords corresponding to the Description:.
Despite rising popularity of subjective well-being (SWB) as a proxy  for util- ity, its relationship with income is still unresolved. Against the background of debates around the ‘Easterlin paradox’, this paper  seeks a compromise between two positions:  one that insists on individual relative income, and one that finds similarity between individual  and aggregate levels. Proposing a model which  puts the emphasis on the interaction between individual  and aggregate-level factors, it argues that the effect of relative income on SWB varies across countries as a function  of average income, in addition to a rela- tively small direct effect of the latter, in partial agreement with the two major positions.  The model is tested cross-sectionally  on the data from the latest wave of World Values Survey.  The results from hierarchical mixed-ef
Easterlin paradox; National income; Relative income; Subjective well-being