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Satisfaction in life conditions and well-being

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  • DICKES Paul
  • KLEIN Carlo

Abstract

In this note we focus on the relations between analytical life satisfaction measures and a general well-being indicator, measured by the two general subjective well-being (SWB) questions. A global SWB factor, measured by the single happiness and by the general life satisfaction questions, is explained through regression of first order factors on the questionnaire of satisfaction in the life domains. The research is based on the 2008 wave of the European Value Study (EVS) for Luxembourg. The validity of the personal living conditions as a measure of general well-being has been assessed by a MIMIC-model. Therefore, satisfaction in personal affairs indicators can constitute an enrichment of general well-being measures.

Suggested Citation

  • DICKES Paul & KLEIN Carlo, 2011. "Satisfaction in life conditions and well-being," LISER Working Paper Series 2011-03, Luxembourg Institute of Socio-Economic Research (LISER).
    • Handle: RePEc:irs:cepswp:2011-03
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    References listed on IDEAS

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    2. Frey, Bruno S & Stutzer, Alois, 2000. "Happiness, Economy and Institutions," Economic Journal, Royal Economic Society, vol. 110(466), pages 918-938, October.
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    More about this item

    Keywords

    subjective well-being; Mimic-model; EVS wave 2008 Luxembourg;
    All these keywords.

    JEL classification:

    • C00 - Mathematical and Quantitative Methods - - General - - - General
    • D60 - Microeconomics - - Welfare Economics - - - General

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