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Globalization's Winners and Losers - Evidence from Life Satisfaction Data, 1975 - 2000

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  • Hessami, Zohal

Abstract

This paper analyzes the effect of globalization on subjective well-being by using a dataset that combines micro- and macro-level variables for the EU-15 countries from 1975 to 2000. The estimations provide evidence that - in line with theoretical predictions - globalization has benefited especially high-skilled workers, right-wing voters, and people in the highest income quartile. On the other hand, globalization has increased well-being to a higher extent for old people than for young people.

Suggested Citation

  • Hessami, Zohal, 2009. "Globalization's Winners and Losers - Evidence from Life Satisfaction Data, 1975 - 2000," MPRA Paper 26412, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:26412
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    References listed on IDEAS

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    Cited by:

    1. Thushyanthan Baskaran & Zohal Hessami, 2011. "Public Education Spending in a Globalized World: Is there a Shift in Priorities Across Educational Stages?," Working Paper Series of the Department of Economics, University of Konstanz 2011-42, Department of Economics, University of Konstanz.

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    More about this item

    Keywords

    Life satisfaction; well-being; globalization; Heckscher-Ohlin theorem;
    All these keywords.

    JEL classification:

    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
    • F15 - International Economics - - Trade - - - Economic Integration
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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