18 min
The psychology of poverty VoxDev Development Economics
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- Social Sciences
Does being rich make us happy, or is it being richer than other people that matters? Will interventions that alleviate poverty also improve someone’s well-being? If we can improve a person’s mental health, does this have an economic effect too? Johannes Haushofer and Daniel Salicath tell Tim Phillips what we know so far about these questions, and how future research can help us understand the psychology of poverty.
Does being rich make us happy, or is it being richer than other people that matters? Will interventions that alleviate poverty also improve someone’s well-being? If we can improve a person’s mental health, does this have an economic effect too? Johannes Haushofer and Daniel Salicath tell Tim Phillips what we know so far about these questions, and how future research can help us understand the psychology of poverty.
18 min