Drawing upon survey data from the 2002 Chinese Household Income Project, this study examines whether asset poverty—the lack of adequate assets to meet basic needs for a short period—is correlated with happiness among members of a sample from urban China. Several variables are found to mediate the relationship, and the findings have implications for efforts to develop asset-based social policies and programs. Published in Lifelong Asset Building, a special issue of the China Journal of Social Work, this study developed from a paper given during Lifelong Asset Building: Innovations and Strategies in Asia, a 2012 conference held at Peking University. Several articles from the special issue, including this one, were subsequently republished in Asset-Building Policies and Innovations in Asia.
Project: Global Assets Project