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Public Confidence and Life Satisfaction During the COVID-19 Pandemic with a Moderating Effect of Income

In: Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)

Author

Listed:
  • Xinyue Zhou

    (Research School of Economics in Australian National University)

Abstract

During the COVID-19 pandemic, considerable research observed a simultaneous decrease in both public confidence and life satisfaction. Does a decline in public confidence result in a worsening of citizens’ quality of life, or does a rise in confidence result in an improvement? Subjective wellbeing at the individual level, including education level, income level, social interaction, and changes in marital status, has been the focus of research [3] [11] [12]. In support of this widespread tendency, extensive study has revealed that the functioning of the government, whose activities impacted people’ lives, had both small- and large-scale positive impacts on life satisfaction [2]. Researchers have focused on issues related to how the responsiveness, credibility, and other aspects of government performance affect how well individuals evaluate their quality of life [9]. This paper shows that public confidence in federal government and income are positively associated with life satisfaction. Moreover, the moderating impacts of income level enhances the main association.

Suggested Citation

  • Xinyue Zhou, 2022. "Public Confidence and Life Satisfaction During the COVID-19 Pandemic with a Moderating Effect of Income," Advances in Economics, Business and Management Research, in: Faruk Balli & Au Yong Hui Nee & Sikandar Ali Qalati (ed.), Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022), pages 318-324, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-052-7_37
    DOI: 10.2991/978-94-6463-052-7_37
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