IDEAS home Printed from https://ideas.repec.org/a/aic/revebs/y2021j28sirbua.html
   My bibliography  Save this article

Determinants Of Subjective Well-Being Among Romanian Older Adults

Author

Listed:
  • ALEXANDRA CRISTINA SÃŽRBU

    (Doctoral School of Economics and Business Administration, „Alexandru Ioan Cuza University of Iaşi“, Faculty of Economics and Business Administration, Iaşi, Romania)

  • MIRCEA ASANDULUI

    (Alexandru Ioan Cuza University of IaÅŸi, Faculty of Economics and Business Administration, IaÅŸi, Romania)

Abstract

Due to population ageing, the analysis of the subjective well-being among older adults has received particular attention worldwide. In Romania this area of research is not very well studied and further investigation is needed. The purpose of this study is to analyze the determinants of subjective well-being of the Romanian older adults. Our empirical analysis is based on data from the Survey of Health, Ageing and Retirement in Europe. Using this we estimate ordinal logistic models to identify the main factors that explain subjective well-being. Our empirical results show that higher levels of income, education and a good health have a significant positive effect on subjective well-being. Also, we show that being alone and not involved in a partnership negatively affects the well-being of older adults.

Suggested Citation

  • Alexandra Cristina Sãžrbu & Mircea Asandului, 2021. "Determinants Of Subjective Well-Being Among Romanian Older Adults," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 28, pages 111-124, December.
    • Handle: RePEc:aic:revebs:y:2021:j:28:sirbua
    DOI: 10.47743/rebs-2021-2-0006
    as

    Download full text from publisher

    File URL: http://rebs.feaa.uaic.ro/articles/pdfs/317.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.47743/rebs-2021-2-0006?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Sumner, L. W., 1999. "Welfare, Happiness, and Ethics," OUP Catalogue, Oxford University Press, number 9780198238782, Decembrie.
    2. Oswald, Andrew J, 1997. "Happiness and Economic Performance," Economic Journal, Royal Economic Society, vol. 107(445), pages 1815-1831, November.
    3. Blanchflower, David G. & Oswald, Andrew J., 2004. "Well-being over time in Britain and the USA," Journal of Public Economics, Elsevier, vol. 88(7-8), pages 1359-1386, July.
    4. Rainer Winkelmann, 2009. "Unemployment, Social Capital, and Subjective Well-Being," Journal of Happiness Studies, Springer, vol. 10(4), pages 421-430, August.
    5. Andrew E. Clark & Paul Frijters & Michael A. Shields, 2008. "Relative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles," Journal of Economic Literature, American Economic Association, vol. 46(1), pages 95-144, March.
    6. Peiro, Amado, 2006. "Happiness, satisfaction and socio-economic conditions: Some international evidence," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 35(2), pages 348-365, April.
    7. John Hudson, 2006. "Institutional Trust and Subjective Well‐Being across the EU," Kyklos, Wiley Blackwell, vol. 59(1), pages 43-62, February.
    8. Helliwell, John F., 2003. "How's life? Combining individual and national variables to explain subjective well-being," Economic Modelling, Elsevier, vol. 20(2), pages 331-360, March.
    9. Stutzer, Alois & Frey, Bruno S., 2006. "Does marriage make people happy, or do happy people get married?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 35(2), pages 326-347, April.
    10. Blanchflower, David G. & Oswald, Andrew J., 2008. "Is well-being U-shaped over the life cycle?," Social Science & Medicine, Elsevier, vol. 66(8), pages 1733-1749, April.
    11. Christian Bjørnskov & Axel Dreher & Justina Fischer, 2008. "Cross-country determinants of life satisfaction: exploring different determinants across groups in society," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 30(1), pages 119-173, January.
    12. Michael Busseri & Stanley Sadava & Danielle Molnar & Nancy DeCourville, 2009. "A Person-Centered Approach to Subjective Well-Being," Journal of Happiness Studies, Springer, vol. 10(2), pages 161-181, April.
    13. Brendan Baird & Richard Lucas & M. Donnellan, 2010. "Life Satisfaction Across the Lifespan: Findings from Two Nationally Representative Panel Studies," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 99(2), pages 183-203, November.
    14. Hayo, Bernd & Seifert, Wolfgang, 2003. "Subjective economic well-being in Eastern Europe," Journal of Economic Psychology, Elsevier, vol. 24(3), pages 329-348, June.
    15. Gerdtham, Ulf-G & Johannesson, Magnus, 2001. "The relationship between happiness, health, and socio-economic factors: results based on Swedish microdata," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 30(6), pages 553-557.
    16. Clark, Andrew E & Oswald, Andrew J, 1994. "Unhappiness and Unemployment," Economic Journal, Royal Economic Society, vol. 104(424), pages 648-659, May.
    17. Robert Cummins, 2000. "Personal Income and Subjective Well-being: A Review," Journal of Happiness Studies, Springer, vol. 1(2), pages 133-158, June.
    18. Richard Easterlin, 2005. "Feeding the Illusion of Growth and Happiness: A Reply to Hagerty and Veenhoven," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 74(3), pages 429-443, December.
    19. Sarah Fleche & Conal Smith & Piritta Sorsa, 2011. "Exploring Determinants of Subjective Wellbeing in OECD Countries: Evidence from the World Value Survey," OECD Economics Department Working Papers 921, OECD Publishing.
    20. Christian Bjørnskov, 2010. "How Comparable are the Gallup World Poll Life Satisfaction Data?," Journal of Happiness Studies, Springer, vol. 11(1), pages 41-60, March.
    21. Dolan, Paul & Peasgood, Tessa & White, Mathew, 2008. "Do we really know what makes us happy A review of the economic literature on the factors associated with subjective well-being," Journal of Economic Psychology, Elsevier, vol. 29(1), pages 94-122, February.
    22. Ferrer-i-Carbonell, Ada & Gowdy, John M., 2007. "Environmental degradation and happiness," Ecological Economics, Elsevier, vol. 60(3), pages 509-516, January.
    23. Max Haller & Markus Hadler, 2006. "How Social Relations and Structures can Produce Happiness and Unhappiness: An International Comparative Analysis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 75(2), pages 169-216, January.
    24. James O. Bukenya & Tesfa G. Gebremedhin & Peter V. Schaeffer, 2003. "Analysis of Rural Quality of Life and Health: A Spatial Approach," Economic Development Quarterly, , vol. 17(3), pages 280-293, August.
    25. Grace Wyshak, 2016. "Income and Subjective Well-Being: New Insights from Relatively Healthy American Women, Ages 49-79," PLOS ONE, Public Library of Science, vol. 11(2), pages 1-16, February.
    26. Ed Diener & Ronald Inglehart & Louis Tay, 2013. "Theory and Validity of Life Satisfaction Scales," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 112(3), pages 497-527, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Badunenko, Oleg & Cordero, Jose M. & Kumbhakar, Subal C., 2021. "Are you slacking? Where do you and your country stand in the happiness pursuit?," MPRA Paper 108316, University Library of Munich, Germany.
    2. Cordero, José Manuel & Salinas-Jiménez, Javier & Salinas-Jiménez, M Mar, 2017. "Exploring factors affecting the level of happiness across countries: A conditional robust nonparametric frontier analysis," European Journal of Operational Research, Elsevier, vol. 256(2), pages 663-672.
    3. Andrés Rodríguez-Pose & Viola Berlepsch, 2014. "Social Capital and Individual Happiness in Europe," Journal of Happiness Studies, Springer, vol. 15(2), pages 357-386, April.
    4. Rubén Arrondo & Ana Cárcaba & Eduardo González, 2021. "Drivers of Subjective Well-being in Spain: Are There Gender Differences?," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 16(5), pages 2131-2154, October.
    5. Dolan, Paul & Peasgood, Tessa & White, Mathew, 2008. "Do we really know what makes us happy A review of the economic literature on the factors associated with subjective well-being," Journal of Economic Psychology, Elsevier, vol. 29(1), pages 94-122, February.
    6. Cordero, Jose M. & Salinas-Jiménez, Javier & Salinas-Jiménez, Mª Mar, 2014. "Assessing the level of happiness across countries: A robust frontier approach," MPRA Paper 57784, University Library of Munich, Germany.
    7. Andrew E. Clark, 2018. "Four Decades of the Economics of Happiness: Where Next?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 64(2), pages 245-269, June.
    8. Sara Ramos & Elias Soukiazis, 2014. "Determinants of Subjective Well-Being in Portugal: A Micro-Data Study," GEMF Working Papers 2014-16, GEMF, Faculty of Economics, University of Coimbra.
    9. Blanchflower, David G; Oswald, Andrew, 2011. "International Happiness," CAGE Online Working Paper Series 39, Competitive Advantage in the Global Economy (CAGE).
    10. Frijters, Paul & Beatton, Tony, 2012. "The mystery of the U-shaped relationship between happiness and age," Journal of Economic Behavior & Organization, Elsevier, vol. 82(2), pages 525-542.
    11. Tim Tiefenbach & Florian Kohlbacher, 2015. "Happiness in Japan in Times of Upheaval: Empirical Evidence from the National Survey on Lifestyle Preferences," Journal of Happiness Studies, Springer, vol. 16(2), pages 333-366, April.
    12. Martin Binder & Tom Broekel, 2012. "Happiness No Matter the Cost? An Examination on How Efficiently Individuals Reach Their Happiness Levels," Journal of Happiness Studies, Springer, vol. 13(4), pages 621-645, August.
    13. Ebrahim, Amina, 2010. "The Determinants Of Happiness Among Race Groups In South Africa," Honours Students' Projects 107588, Rhodes University, Department of Economics and Economic History.
    14. Antje Mertens & Miriam Beblo, 2016. "Self-Reported Satisfaction and the Economic Crisis of 2007–2010: Or How People in the UK and Germany Perceive a Severe Cyclical Downturn," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 125(2), pages 537-565, January.
    15. Iddisah Sulemana, 2015. "The Effect of Fear of Crime and Crime Victimization on Subjective Well-Being in Africa," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 121(3), pages 849-872, April.
    16. O'Donnell, Gus & Oswald, Andrew J., 2015. "National well-being policy and a weighted approach to human feelings," Ecological Economics, Elsevier, vol. 120(C), pages 59-70.
    17. Can Mavruk & Ersin Kıral & Gülsen Kıral, 2021. "Spatial Effects Over Time-Framed Happiness," Journal of Happiness Studies, Springer, vol. 22(2), pages 517-554, February.
    18. Andrew E. Clark, 2019. "Born to Be Mild? Cohort Effects Don’t (Fully) Explain Why Well-Being Is U-Shaped in Age," Springer Books, in: Mariano Rojas (ed.), The Economics of Happiness, chapter 0, pages 387-408, Springer.
    19. Paul Downward & Peter Dawson, 2016. "Is it Pleasure or Health from Leisure that We Benefit from Most? An Analysis of Well-Being Alternatives and Implications for Policy," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 126(1), pages 443-465, March.
    20. Lucía Gómez-Balcácer & Noelia Somarriba Arechavala & Patricia Gómez-Costilla, 2023. "The Importance of Different Forms of Social Capital for Happiness in Europe: A Multilevel Structural Equation Model (GSEM)," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 18(1), pages 601-624, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aic:revebs:y:2021:j:28:sirbua. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sireteanu Napoleon-Alexandru (email available below). General contact details of provider: https://edirc.repec.org/data/feaicro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.