Satisfaction in life conditions and well-being
AbstractIn 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.
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Bibliographic InfoPaper provided by CEPS/INSTEAD in its series CEPS/INSTEAD Working Paper Series with number 2011-03.
Length: 8 pages
Date of creation: Jan 2011
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subjective well-being; Mimic-model; EVS wave 2008 Luxembourg;
Find related papers by JEL classification:
- C00 - Mathematical and Quantitative Methods - - General - - - General
- D60 - Microeconomics - - Welfare Economics - - - General
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- Bruno S. Frey & Alois Stutzer, 2002.
"What Can Economists Learn from Happiness Research?,"
Journal of Economic Literature,
American Economic Association, vol. 40(2), pages 402-435, June.
- Bruno S. Frey & Alois Stutzer, . "What can Economists Learn from Happiness Research?," IEW - Working Papers 080, Institute for Empirical Research in Economics - University of Zurich.
- Bruno S. Frey & Alois Stutzer, 2001. "What Can Economists Learn from Happiness Research?," CESifo Working Paper Series 503, CESifo Group Munich.
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