A capability pathway to subjective economic well-being: Looking beyond materialism
Journal of Business Research(2021)
摘要
•The effect of sociological variables on SEWB is not well-understood in extant research.•We find that upward movement in IOM is found to have a positive impact on SEWB.•This relationship holds, irrespective of changes in household material assets.•This challenges the importance given to material assets acquisition in improving SEWB.
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关键词
Subjective economic well-being,Intergenerational occupational mobility,Materialism,Probit,Capabilities
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