Why Does Social Class Affect Subjective Well-Being? The Role of Status and Power.

The link between social class and subjective well-being (SWB) has been an important topic of inquiry, with broad implications for understanding the psychology of social class and the determinants of SWB. Prior research on this topic has focused primarily on the extent to which social class affects SWB and the factors that moderate that impact. We extend prior work by examining the concerns that account for why social class shapes SWB. In particular, we examine the role of status and power in mediating the impact of one's social class on one's SWB. Across five studies, we theorize and find that status mediates the impact of social class on SWB and, moreover, that status is a stronger mediator of this link than is power. Overall, these studies advance scholarly research on the psychology of social hierarchy by clarifying the interplay between social class, status, and power in relation to SWB.