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Family Structure and Subjective Economic Well-Being: Some New Evidence

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  • Maria Cracolici

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  • Francesca Giambona
  • Miranda Cuffaro

Abstract

The paper investigates the main socio-demographic and economic determinants of subjective economic well-being in different typologies of households. Previous studies have used dummy variables to explore the effect of family structure. In this paper, however four different models—one for each family typology—have been estimated to test if each selected explanatory variable is significant and how it acts in determining the level of subjective economic well-being. To achieve this, we apply an under-used logit model—the partial proportional ordered model. Our analysis, based on data from the 2005 Italian Survey on Income and Living Conditions highlights the main variables affecting the subjective economic well-being of all household typologies. These main variables are related to income adequacy, such as being able to afford housing, clothes and holidays, and also include the work-status and level of education of the respondent. These variables produce notable differences in the level of subjective economic well-being. We find that couples with no children have the highest level of perceived economic well-being, while couples with two or more children and even more so one-person households are more economically insecure. Copyright Springer Science+Business Media Dordrecht 2014

Suggested Citation

  • Maria Cracolici & Francesca Giambona & Miranda Cuffaro, 2014. "Family Structure and Subjective Economic Well-Being: Some New Evidence," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 118(1), pages 433-456, August.
  • Handle: RePEc:spr:soinre:v:118:y:2014:i:1:p:433-456
    DOI: 10.1007/s11205-013-0425-5
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    References listed on IDEAS

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    1. repec:spr:ariqol:v:13:y:2018:i:2:d:10.1007_s11482-017-9590-z is not listed on IDEAS
    2. repec:spr:jhappi:v:19:y:2018:i:1:d:10.1007_s10902-016-9799-9 is not listed on IDEAS
    3. repec:spr:soinre:v:134:y:2017:i:3:d:10.1007_s11205-016-1455-6 is not listed on IDEAS
    4. Cristina Bernini & Maria Francesca Cracolici, 2014. "Is Participation in Tourism Market an Opportunity for Everyone? Some Evidence from Italy," Working Papers 2014.17, Fondazione Eni Enrico Mattei.

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