History of events and life-satisfaction in transition countries
AbstractUsing Life in Transition Survey data for 27 transition countries, the findings of this paper suggest that higher life satisfaction is correlated with lesser experience of unpleasant events such as labor market shock or economic distress, mostly in the recent past. Social capital such as trust, participation in civic groups, and financial stability lead to higher satisfaction, whereas lower relative position to a reference group leaves one with lower life satisfaction. The paper also finds substantial regional variation in life satisfaction between European, Balkan, and lower and middle-income Commonwealth of Independent States. Finally, after controlling for various events that took place during the interview and the nature of refusal of the respondents across countries, the authors show that reported life satisfaction is lower if the emotional state is negative during the interview.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 5526.
Date of creation: 01 Jan 2011
Date of revision:
Health Monitoring&Evaluation; Disease Control&Prevention; Inequality; Labor Policies; Markets and Market Access;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-01-30 (All new papers)
- NEP-CIS-2011-01-30 (Confederation of Independent States)
- NEP-TRA-2011-01-30 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sergei Guriev & Ekaterina Zhuravskaya, 2009.
"(Un)happiness in Transition,"
Journal of Economic Perspectives,
American Economic Association, vol. 23(2), pages 143-68, Spring.
- Jirí Vecerník & Martina Mysíková, 2014. "(Un)happy transition? Subjective Well-being in European Countries in 1991-2008 and Beyond," WIFO Working Papers 467, WIFO.
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