The predicted effect sizes (.16-.65 SDs) seem too large, compared to (e.g.) the size of the linear relationship between log(income) and well-being that many studies find. I would’ve expected a positive effect rather than zero or a negative effect, but probably on the low end of that range or below it, depending on the specific question.
The predicted effect sizes (.16-.65 SDs) seem too large, compared to (e.g.) the size of the linear relationship between log(income) and well-being that many studies find. I would’ve expected a positive effect rather than zero or a negative effect, but probably on the low end of that range or below it, depending on the specific question.