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With or Without You? Measuring the Quality of Relational Life Throughout the World

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  • Luca Stanca

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Abstract

This paper proposes a new method for the measurement of the quality of relational life. Building on the recent literature on the determinants of subjective well-being, we use implicit valuations estimated from microeconometric life-satisfaction equations to weigh and aggregate scores on several dimensions of relational life. We apply the proposed method to a large sample of individuals from 82 countries, to construct indicators that focus on three dimensions of interpersonal relations: friends, family, and society. We use the constructed indicators to compare the quality of relational life across countries throughout the world and to explore its determinants at individual and country level. Overall, the results indicate that, ceteris paribus, better economic conditions are associated with higher quality of interpersonal relationships.

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File URL: http://dipeco.economia.unimib.it/repec/pdf/mibwpaper144.pdf
File Function: First version, 2008
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Bibliographic Info

Paper provided by University of Milano-Bicocca, Department of Economics in its series Working Papers with number 144.

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Length: 29 pages
Date of creation: Jul 2008
Date of revision: Jul 2008
Handle: RePEc:mib:wpaper:144

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Keywords: subjective well-being; relational capital; quality of life;

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References

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Citations

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Cited by:
  1. Leonardo Becchetti & Elena Giachin Ricca & Alessandra Pelloni, 2009. "Children, happiness and taxation," Econometica Working Papers wp12, Econometica.
  2. Leonardo Becchetti & Elena Giachin Ricca & Alessandra Pelloni, 2013. "The Paradox of Children and Life Satisfaction," Social Indicators Research, Springer, vol. 111(3), pages 725-751, May.
  3. Emilio Colombo & Luca Stanca, 2013. "Measuring the Monetary Value of Social Relations: a Hedonic Approach," Working Papers 256, University of Milano-Bicocca, Department of Economics, revised Oct 2013.
  4. Paola Zappa & Emma Zavarrone, 2010. "Social interaction and volunteer satisfaction: an exploratory study in primary healthcare," International Review of Economics, Springer, vol. 57(2), pages 215-231, June.

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