Wealth and Welfare
Differentiating the Roles of Individual Income and National Economy in Moderating the Links Between Perceived Scarcity, Well‐Being and Health
Bibliographic Data
| ID | 21391955 |
|---|---|
| Authors | Wei Zheng (0000-0002-3339-5606, The School of Psychology and Cognitive Science, East China Normal University Shanghai China, corresponding author), Zhiyu Liu (0000-0002-6024-7836, The School of Psychology and Cognitive Science, East China Normal University Shanghai China), Xiaohui Wang (0000-0003-2126-1712, Guangxi College for Preschool Education Nanning China), Xiaohui Christine Wang (Guangxi University), Xiaohui Deng (0009-0000-5626-2876, School of Philosophy, Psychology and Language Sciences, College of Arts, Humanities & Social Sciences, the University of Edinburgh Edinburgh UK) |
| Year | 2026 |
| Volume | 67 |
| Issue | 3 |
| Pages | 891-897 |
| Publication date | 2026-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Scandinavian Journal of Psychology (JOURNAL) |
| Journal identifiers | ISSN: 0036-5564 • E-ISSN: 1467-9450 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/sjop.70078 |
| PMID | 41566932 |
| OpenAlex | W7125395049 |
| Language | EN |
| References cited | 22 |
This study aimed to explore the relationships between perceived scarcity, individual well‐being, and health, and to assess the moderating roles of personal income and national economic wealth. The research utilized data from the World Values Survey, which included responses from over 160,000 participants across 81 countries. It specifically analyzed how perceptions of scarcity affect psychological and physical health, incorporating variables such as personal income and national wealth. The findings indicated that higher personal income can buffer the adverse effects of perceived scarcity on individual well‐being and health. Conversely, greater national wealth was found to exacerbate these negative effects, suggesting a complex interaction between personal and national economic conditions. The study highlights the protective role of personal income in mitigating the detrimental impacts of perceived scarcity on health and well‐being. However, it also reveals a paradoxical effect where national wealth intensifies these negative outcomes. These insights are crucial for developing tailored policy measures and socioeconomic strategies that consider varied economic contexts across countries
Affect (linguistics) · Measures of national income and output · National economy · Perception · Personal income · Scarcity · Socioeconomic status · Cultural Differences and Values · Employment and Welfare Studies · Psychological Well-being and Life Satisfaction
The new stylized facts about income and subjective well-being.
Socioeconomic Status and Psychological Well-Being
Economic Growth and Subjective Well-Being
High income improves evaluation of life but not emotional well-being
Cross-cultural generalizability of expectancy-value theory in reading
Unemployment and Well-Being of Europeans Across the Life Cycle
Wealth and happiness across the world
Narcissistic Admiration, Narcissistic Rivalry, and Self‐Esteem Across Cultures
Conservation of resources
Advances in subjective well-being research
The relation of economic status to subjective well-being in developing countries
Subjective well-being
Multilevel Modelling of Country Effects
Income Inequality and Subjective Well-being
| Citation velocity | historical |
|---|---|
| Highly cited | No |