If time use, stress, and demographic factors could not
account for our findings, why does higher income predict lower
sadness but no more happiness? This lack of evidence for a role
of a wide range of probable explanations highlights the possibility
that wealthier people feel less sad at least in part because
wealth can make people feel more in control over negative
events (Johnson & Krueger, 2006; Kraus et al., 2009). To the
extent that perceived control is associated with feeling less sadness
but not more happiness (Roseman et al., 1996), the association
between wealth and perceived sense of control could
at least partially explain why wealth predicted lower sadness
but not higher happiness
If time use, stress, and demographic factors could notaccount for our findings, why does higher income predict lowersadness but no more happiness? This lack of evidence for a roleof a wide range of probable explanations highlights the possibilitythat wealthier people feel less sad at least in part becausewealth can make people feel more in control over negativeevents (Johnson & Krueger, 2006; Kraus et al., 2009). To theextent that perceived control is associated with feeling less sadnessbut not more happiness (Roseman et al., 1996), the associationbetween wealth and perceived sense of control couldat least partially explain why wealth predicted lower sadnessbut not higher happiness
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