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Determinants Of Subjective Well-Being Among Romanian Older Adults

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  • ALEXANDRA CRISTINA SÃŽRBU

    (Doctoral School of Economics and Business Administration, „Alexandru Ioan Cuza University of Iaşi“, Faculty of Economics and Business Administration, Iaşi, Romania)

  • MIRCEA ASANDULUI

    (Alexandru Ioan Cuza University of IaÅŸi, Faculty of Economics and Business Administration, IaÅŸi, Romania)

Abstract

Due to population ageing, the analysis of the subjective well-being among older adults has received particular attention worldwide. In Romania this area of research is not very well studied and further investigation is needed. The purpose of this study is to analyze the determinants of subjective well-being of the Romanian older adults. Our empirical analysis is based on data from the Survey of Health, Ageing and Retirement in Europe. Using this we estimate ordinal logistic models to identify the main factors that explain subjective well-being. Our empirical results show that higher levels of income, education and a good health have a significant positive effect on subjective well-being. Also, we show that being alone and not involved in a partnership negatively affects the well-being of older adults.

Suggested Citation

  • Alexandra Cristina Sãžrbu & Mircea Asandului, 2021. "Determinants Of Subjective Well-Being Among Romanian Older Adults," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 28, pages 111-124, December.
    • Handle: RePEc:aic:revebs:y:2021:j:28:sirbua
    DOI: 10.47743/rebs-2021-2-0006
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    References listed on IDEAS

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