IDEAS home Printed from https://ideas.repec.org/a/eee/joepsy/v73y2019icp34-51.html
   My bibliography  Save this article

The association between life satisfaction and affective well-being

Author

Listed:
  • Berlin, Martin
  • Fors Connolly, Filip

Abstract

We estimate the correlation between life satisfaction and affect—two conceptually distinct dimensions of subjective well-being. We propose a simple model that distinguishes between a stable and a transitory component of affect, and which also accounts for measurement error in self-reports of both variables, including current-mood bias effects on life satisfaction judgments. The model is estimated using momentarily measured well-being data, from an experience sampling survey that we conducted on a population sample of Swedes aged 18–50 (n=252). Our main estimates of the correlation between life satisfaction and long-run affective well-being range between 0.78 and 0.91, indicating a stronger convergence between these variables than many previous studies that do not account for measurement issues.

Suggested Citation

  • Berlin, Martin & Fors Connolly, Filip, 2019. "The association between life satisfaction and affective well-being," Journal of Economic Psychology, Elsevier, vol. 73(C), pages 34-51.
  • Handle: RePEc:eee:joepsy:v:73:y:2019:i:c:p:34-51
    DOI: 10.1016/j.joep.2019.04.010
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0167487018305087
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.joep.2019.04.010?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. 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.
    2. Andrew E. Clark, 2015. "SWB as a Measure of Individual Well-Being," PSE Working Papers halshs-01134483, HAL.
    3. Angus Deaton, 2012. "The financial crisis and the well-being of Americans," Oxford Economic Papers, Oxford University Press, vol. 64(1), pages 1-26, January.
    4. Steven Haider & Gary Solon, 2006. "Life-Cycle Variation in the Association between Current and Lifetime Earnings," American Economic Review, American Economic Association, vol. 96(4), pages 1308-1320, September.
    5. Andreas Knabe & Steffen Rätzel & Ronnie Schöb & Joachim Weimann, 2010. "Dissatisfied with Life but Having a Good Day: Time-use and Well-being of the Unemployed," Economic Journal, Royal Economic Society, vol. 120(547), pages 867-889, September.
    6. Krueger, Alan B. & Schkade, David A., 2008. "The reliability of subjective well-being measures," Journal of Public Economics, Elsevier, vol. 92(8-9), pages 1833-1845, August.
    7. Marie Connolly, 2013. "Some Like It Mild and Not Too Wet: The Influence of Weather on Subjective Well-Being," Journal of Happiness Studies, Springer, vol. 14(2), pages 457-473, April.
    8. Sakari Kainulainen & Juho Saari & Ruut Veenhoven, 2018. "Life-satisfaction is more a matter of feeling well than having what you want. Tests of Veenhoven's theory," International Journal of Happiness and Development, Inderscience Enterprises Ltd, vol. 4(3), pages 209-235.
    9. Alan B. Krueger, 2007. "Are We Having More Fun Yet? Categorizing and Evaluating Changes in Time Alloction," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 38(2), pages 193-218.
    10. Michael Eid & Ed Diener, 2004. "Global Judgments of Subjective Well-Being: Situational Variability and Long-Term Stability," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 65(3), pages 245-277, February.
    11. Daniel Kahneman & Alan B. Krueger, 2006. "Developments in the Measurement of Subjective Well-Being," Journal of Economic Perspectives, American Economic Association, vol. 20(1), pages 3-24, Winter.
    12. Rafael Di Tella & Robert MacCulloch, 2006. "Some Uses of Happiness Data in Economics," Journal of Economic Perspectives, American Economic Association, vol. 20(1), pages 25-46, Winter.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Han, Jeehoon & Kaiser, Caspar, 2021. "Time use and happiness: Evidence across three decades," SocArXiv qjdmu, Center for Open Science.
    2. Haiyang Lu & Ivan T. Kandilov, 2021. "Does Mobile Internet Use Affect the Subjective Well-being of Older Chinese Adults? An Instrumental Variable Quantile Analysis," Journal of Happiness Studies, Springer, vol. 22(7), pages 3137-3156, October.
    3. Zhijian Zhang & Xueyuan Wang, 2021. "Ambition or Jealousy? It Depends on Whom you are Compared with," Journal of Happiness Studies, Springer, vol. 22(3), pages 1189-1215, March.
    4. Filip Fors Connolly & Tommy Gärling, 2022. "Mediators of Differences Between Employed and Unemployed in Life Satisfaction and Emotional Well-being," Journal of Happiness Studies, Springer, vol. 23(4), pages 1637-1651, April.
    5. Sakari Kainulainen, 2022. "Concurrent Assessments of Individuals’ Affect and Contentment and the Correlation of these Estimates to Overall Happiness at Specific Moments," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 17(5), pages 3151-3174, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Berlin, Martin & Fors, Filip, 2017. "The Association Between Life Satisfaction and Affective Well-Being," Working Paper Series 1/2017, Stockholm University, Swedish Institute for Social Research.
    2. Song, Younghwan, 2015. "A Cross-State Comparison of Measures of Subjective Well-Being," IZA Discussion Papers 9396, Institute of Labor Economics (IZA).
    3. Gregor Gonza & Anže Burger, 2017. "Subjective Well-Being During the 2008 Economic Crisis: Identification of Mediating and Moderating Factors," Journal of Happiness Studies, Springer, vol. 18(6), pages 1763-1797, December.
    4. van Hoorn, André, 2018. "Is the happiness approach to measuring preferences valid?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 73(C), pages 53-65.
    5. Hajdu, Tamás & Hajdu, Gábor, 2011. "A hasznosság és a relatív jövedelem kapcsolatának vizsgálata magyar adatok segítségével [Examining the relation of utility and relative income using Hungarian data]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 56-73.
    6. Paul Dolan & Georgios Kavetsos, 2012. "Happy Talk: Mode of Administration Effects on Subjective Well-Being," CEP Discussion Papers dp1159, Centre for Economic Performance, LSE.
    7. Alan B. Krueger & Daniel Kahneman & David Schkade & Norbert Schwarz & Arthur A. Stone, 2009. "National Time Accounting: The Currency of Life," NBER Chapters, in: Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being, pages 9-86, National Bureau of Economic Research, Inc.
    8. Graham, Carol & Nikolova, Milena, 2015. "Bentham or Aristotle in the Development Process? An Empirical Investigation of Capabilities and Subjective Well-Being," World Development, Elsevier, vol. 68(C), pages 163-179.
    9. Alan B. Krueger & Daniel Kahneman & David Schkade & Norbert Schwarz & Arthur A. Stone, 2008. "National Time Accounting: The Currency of Life," Working Papers 1061, Princeton University, Department of Economics, Industrial Relations Section..
    10. G. D'Alessio, 2018. "Well-being, the Socio-economic Context and Price Differences: the North-South Gap," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 3, pages 471-498.
    11. Stutzer, Alois & Frey, Bruno S., 2012. "Recent Developments in the Economics of Happiness: A Selective Overview," IZA Discussion Papers 7078, Institute of Labor Economics (IZA).
    12. Alan B. Krueger & Daniel Kahneman & David Schkade & Norbert Schwarz & Arthur A. Stone, 2009. "National Time Accounting: The Currency of Life," NBER Chapters, in: Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being, pages 9-86, National Bureau of Economic Research, Inc.
    13. Marcus Klemm, 2011. "You Don‘t Know what You‘ve got till It‘s Gone! Unemployment and Intertemporal Changes in Self-Reported Life Satisfaction," Ruhr Economic Papers 0297, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    14. Klemm, Marcus, 2011. "You Don't Know what You've got till It's Gone! Unemployment and Intertemporal Changes in Self-Reported Life Satisfaction," Ruhr Economic Papers 297, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    15. Christopher Mackie & Conal Smith, 2015. "Conceptualizing Subjective Well-Being And Its Many Dimensions – Implications For Data Collection In Official Statistics And For Policy Relevance," Statistics in Transition New Series, Polish Statistical Association, vol. 16(3), pages 335-372, September.
    16. Edsel Beja Jr., 2013. "Subjective Well-Being Approach to the Valuation of International Development: Evidence for the Millennium Development Goals," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 111(1), pages 141-159, March.
    17. George-Laurentiu Serban-Oprescu & Silvia Dedu & Anca-Teodora Serban-Oprescu, 2019. "An Integrative Approach to Assess Subjective Well-Being. A Case Study on Romanian University Students," Sustainability, MDPI, vol. 11(6), pages 1-27, March.
    18. Ahmadiani, Mona & Ferreira, Susana, 2019. "Environmental amenities and quality of life across the United States," Ecological Economics, Elsevier, vol. 164(C), pages 1-1.
    19. repec:zbw:rwirep:0297 is not listed on IDEAS
    20. Mackie Christopher & Smith Conal, 2015. "Conceptualizing Subjective Well-Being and its Many Dimensions – Implications for Data Collection in Official Statistics and for Policy Relevance," Statistics in Transition New Series, Polish Statistical Association, vol. 16(3), pages 335-372, September.
    21. Conal Smith & Christopher Mackie, 2015. "Conceptualizing Subjective Well-Being and its Many Dimensions – Implications for Data Collection in Official Statistics and for Policy Relevance," Statistics in Transition new series, Główny Urząd Statystyczny (Polska), vol. 16(3), pages 335-372, September.

    More about this item

    Keywords

    Subjective well-being; Life satisfaction; Affective well-being; Measurement error; Reliability;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:joepsy:v:73:y:2019:i:c:p:34-51. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/joep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.