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Education and life satisfaction: perception or reality?

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  • Mauricio Cárdenas

    ()

  • Carolina Mejía
  • Vincenzo Di Maro

Abstract

Using data from the Gallup World Poll, this paper analyze the way in which perceptions on thequality of education affect wellbeing. In addition, we explore if educational quality perceptions aredetermined by objective educational outputs, such as international standardized tests scores (i.e. PISAscores) and individual educational attainment. Results indicate that educational quality perceptionsare positively correlated with standardized test scores but negatively correlated with individualeducational attainment. Similarly, favorable perception on the quality of education contributes tohigher individual wellbeing, even after controlling for individual educational attainment and othertraditional determinants of wellbeing

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File URL: http://www.fedesarrollo.org.co/wp-content/uploads/2011/08/WP-No.-41-Education-and-life-satisfaction.pdf
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Bibliographic Info

Paper provided by FEDESARROLLO in its series WORKING PAPERS SERIES. DOCUMENTOS DE TRABAJO with number 009188.

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Length: 41
Date of creation: 29 May 2008
Date of revision:
Handle: RePEc:col:000123:009188

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Related research

Keywords: Wellbeing; educational quality perceptions; educational outcomes;

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References

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  1. Johannes Schwarze & Rainer Winkelmann, 2005. "What can happiness research tell us about altruism? Evidence from the German Socio-Economic Panel," SOI - Working Papers 0503, Socioeconomic Institute - University of Zurich, revised Sep 2005.
  2. Di Tella, Rafael & MacCulloch, Robert J. & Oswald, Andrew J., 2001. "The Macroeconomics of Happiness," The Warwick Economics Research Paper Series (TWERPS) 615, University of Warwick, Department of Economics.
  3. Alesina, Alberto & Di Tella, Rafael & MacCulloch, Robert, 2004. "Inequality and happiness: are Europeans and Americans different?," Journal of Public Economics, Elsevier, vol. 88(9-10), pages 2009-2042, August.
  4. Thomas, Vinod & Wang, Yan & Fan, Xibo, 2001. "Measuring education inequality - Gini coefficients of education," Policy Research Working Paper Series 2525, The World Bank.
  5. Blanchflower, D.G. & Oswald, A.J., 1998. "The Rising Well-Being of the Young," The Warwick Economics Research Paper Series (TWERPS) 519, University of Warwick, Department of Economics.
  6. Betsey Stevenson & Justin Wolfers, 2008. "Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(1 (Spring), pages 1-102.
  7. J.J. Ehrhardt & W.E. Saris & R. Veenhoven, 2000. "Stability of Life-satisfaction over Time," Journal of Happiness Studies, Springer, vol. 1(2), pages 177-205, June.
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Cited by:
  1. Edsel Beja, 2012. "Subjective Well-Being Approach to Environmental Valuation: Evidence for Greenhouse Gas Emissions," Social Indicators Research, Springer, vol. 109(2), pages 243-266, November.

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