When income isn't a factor, what makes Kuala Lumpur's upper-class (T20) households happy? the role of generosity and social support

Easterlin Paradox theory suggests that individuals with the highest incomes do not get happier as they get richer. If this is the case for Malaysians, what else can bring them happiness? This study adopted the World Happiness Report (WHR) research paradigm to examine the impact of generosity and soc...

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Main Authors: Burhan, Nik Ahmad Sufian, Sabri, Mohamad Fazli, Baharuddin, Najwa, Hamsan, Hanina H., Charansarn, Arina
Format: Article
Language:English
Published: Malaysian Consumer and Family Economics Association 2024
Online Access:http://psasir.upm.edu.my/id/eprint/116854/
http://psasir.upm.edu.my/id/eprint/116854/1/116854.pdf
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author Burhan, Nik Ahmad Sufian
Sabri, Mohamad Fazli
Baharuddin, Najwa
Hamsan, Hanina H.
Charansarn, Arina
author_facet Burhan, Nik Ahmad Sufian
Sabri, Mohamad Fazli
Baharuddin, Najwa
Hamsan, Hanina H.
Charansarn, Arina
author_sort Burhan, Nik Ahmad Sufian
building UPM Institutional Repository
collection Online Access
description Easterlin Paradox theory suggests that individuals with the highest incomes do not get happier as they get richer. If this is the case for Malaysians, what else can bring them happiness? This study adopted the World Happiness Report (WHR) research paradigm to examine the impact of generosity and social support on the happiness of 334 individuals from high-income households (T20) in Kuala Lumpur. The data were collected using a homogeneous convenience sample method and analyzed with robust regressions. Results revealed that while income increases from T1 to T2 had non-significant impact on happiness among T20s, generosity and social support had significant positive effects. Finally, our findings imply that policymakers should create policies that promote individuals to help one another socially and be more generous to those in need. This approach may increase societal social capital and happiness even further.
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spelling upm-1168542025-04-17T01:57:43Z http://psasir.upm.edu.my/id/eprint/116854/ When income isn't a factor, what makes Kuala Lumpur's upper-class (T20) households happy? the role of generosity and social support Burhan, Nik Ahmad Sufian Sabri, Mohamad Fazli Baharuddin, Najwa Hamsan, Hanina H. Charansarn, Arina Easterlin Paradox theory suggests that individuals with the highest incomes do not get happier as they get richer. If this is the case for Malaysians, what else can bring them happiness? This study adopted the World Happiness Report (WHR) research paradigm to examine the impact of generosity and social support on the happiness of 334 individuals from high-income households (T20) in Kuala Lumpur. The data were collected using a homogeneous convenience sample method and analyzed with robust regressions. Results revealed that while income increases from T1 to T2 had non-significant impact on happiness among T20s, generosity and social support had significant positive effects. Finally, our findings imply that policymakers should create policies that promote individuals to help one another socially and be more generous to those in need. This approach may increase societal social capital and happiness even further. Malaysian Consumer and Family Economics Association 2024-12 Article PeerReviewed text en cc_by_sa_4 http://psasir.upm.edu.my/id/eprint/116854/1/116854.pdf Burhan, Nik Ahmad Sufian and Sabri, Mohamad Fazli and Baharuddin, Najwa and Hamsan, Hanina H. and Charansarn, Arina (2024) When income isn't a factor, what makes Kuala Lumpur's upper-class (T20) households happy? the role of generosity and social support. Malaysian Journal of Consumer and Family Economics, 33. pp. 157-181. ISSN 1511-2802; eISSN : 2948-4189 https://www.majcafe.com/when-income-isnt-a-factor-what-makes-kuala-lumpurs-upper-class-t20-households-happy-the-role-of-generosity-and-social-support/ 10.60016/majcafe.v33.06
spellingShingle Burhan, Nik Ahmad Sufian
Sabri, Mohamad Fazli
Baharuddin, Najwa
Hamsan, Hanina H.
Charansarn, Arina
When income isn't a factor, what makes Kuala Lumpur's upper-class (T20) households happy? the role of generosity and social support
title When income isn't a factor, what makes Kuala Lumpur's upper-class (T20) households happy? the role of generosity and social support
title_full When income isn't a factor, what makes Kuala Lumpur's upper-class (T20) households happy? the role of generosity and social support
title_fullStr When income isn't a factor, what makes Kuala Lumpur's upper-class (T20) households happy? the role of generosity and social support
title_full_unstemmed When income isn't a factor, what makes Kuala Lumpur's upper-class (T20) households happy? the role of generosity and social support
title_short When income isn't a factor, what makes Kuala Lumpur's upper-class (T20) households happy? the role of generosity and social support
title_sort when income isn't a factor, what makes kuala lumpur's upper-class (t20) households happy? the role of generosity and social support
url http://psasir.upm.edu.my/id/eprint/116854/
http://psasir.upm.edu.my/id/eprint/116854/
http://psasir.upm.edu.my/id/eprint/116854/
http://psasir.upm.edu.my/id/eprint/116854/1/116854.pdf