FROM NEUROSCIENCE TO SOCIETY: A MULTI-DISCIPLINARY STUDY OF HUMAN PERCEPTION AND COGNITION

Abstract

Social science research on the effects of income on wellbeing is substantial, however, this research has largely missed five crucial factors. These factors include: the work people do to generate income; how they use income; effects on physical and social wellbeing; effects at the household level; and causal effects at multiple levels. This project aims to address all of these factors with a new model of wellbeing, the Work-Income-Spending-Effects (WISE) model, and utilises the Household, Income and Labour Dynamics in Australia database. This project also aims to demonstrate trade-offs among work, income, spending, and multiple types of wellbeing within a new paradigm for engaging the Austra..