About this Resource

In this example from the World Values Survey we find a classic combining micro and macro data finding. The plot shows how level of happiness vary with a measure of a country's income per person. The way this graph is usually interpreted is that at low levels of income, a small increase in income results in a large increase in happiness. At higher levels of income, changes in average wealth have a smaller effect on how satisfied people feel about their lives.

subjective wellbeing
Figure 11: This plot shows how level of happiness vary with a measure of a country's income per person

The University of Manchester; Mimas; ESRC; RDI

Countries and Citizens: Unit 1 Macro and Micro Data: The Basics by Dr Celia Russell, University of Manchester is licensed under a Creative Commons Attribution-Non-Commercial-Share Alike 2.0 UK: England & Wales Licence.