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Life Satisfaction in Croatia

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  • Lena Malesevic Perovic

    ()
    (Faculty of Economics, University of Split, Croatia)

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    Abstract

    In this paper we identify the factors that have influenced average life satisfaction for Croatians based on data collected in reports from 1999 and 2006. Our analysis of the data from the European Values Survey (EVS) reveals that in 1999 life satisfaction was higher for people who were married, those who were employed, and those who had an income between 5,001 and 8,000 Croatian kuna (HRK) per month. Life satisfaction was U-shaped in age, minimizing around the age of 50. There appeared to be little correlation between life satisfaction and education level. Based on our analysis of the 2006 data from the United Nations Development Program (UNDP), we find that in 2006 life satisfaction was higher for people who were married, those who were employed, those who were out of the labor force, those with a university degree, and those with higher incomes. The impact of age in 2006 was U-shaped as it was in the 1999 data, minimizing around the age of 58. The data from both years strongly supports the view that life satisfaction rises with GDP per capita in the county in which a respondent resides.

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    Bibliographic Info

    Article provided by The Institute of Economics, Zagreb in its journal Croatian Economic Survey.

    Volume (Year): 12 (2010)
    Issue (Month): 1 (April)
    Pages: 45-81

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    Handle: RePEc:iez:survey:ces-v12_04-2010_malesevic-perovic

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    Keywords: life satisfaction; counties; GDP per capita; Croatia;

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    1. Oswald, Andrew, 1997. "Happiness and Economic Performance," The Warwick Economics Research Paper Series (TWERPS) 478, University of Warwick, Department of Economics.
    2. David G. Blanchflower & Andrew Oswald, 2007. "Is Well-being U-Shaped over the Life Cycle?," NBER Working Papers 12935, National Bureau of Economic Research, Inc.
    3. DiTella, Rafael & MacCulloch, Robert & Oswald, Andrew J., 1999. "The macroeconomics of happiness," ZEI Working Papers B 03-1999, ZEI - Center for European Integration Studies, University of Bonn.
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    7. Winkelmann, Liliana & Winkelmann, Rainer, 1998. "Why Are the Unemployed So Unhappy? Evidence from Panel Data," Economica, London School of Economics and Political Science, vol. 65(257), pages 1-15, February.
    8. Orsolya Lelkes, 2002. "Tasting Freedom: Happiness, religion and economic transition," CASE Papers case59, Centre for Analysis of Social Exclusion, LSE.
    9. Easterlin, Richard A., 1995. "Will raising the incomes of all increase the happiness of all?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(1), pages 35-47, June.
    10. Peter Sanfey & Utku Teksoz, 2007. "Does transition make you happy?," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 15, pages 707-731, October.
    11. Hayo, Bernd & Seifert, Wolfgang, 2003. "Subjective economic well-being in Eastern Europe," Journal of Economic Psychology, Elsevier, vol. 24(3), pages 329-348, June.
    12. Rafael Di Tella & Robert MacCulloch, 2006. "Some Uses of Happiness Data in Economics," Journal of Economic Perspectives, American Economic Association, vol. 20(1), pages 25-46, Winter.
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