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The Cultural Drivers of Subjective Well-Being

Author

Listed:
  • Pierluigi Conzo
  • Arnstein Aassve
  • Giulia Fuochi
  • Letizia Mencarini

Abstract

The paper provides a framework of how culture affects citizens' subjective well-being. According to self-determination theory, well-being is driven by the satisfaction of three basic psychological needs: autonomy, relatedness and competence. We assess if and to what extent generalized trust and the values of obedience and respect influence the Europeans’ satisfaction of these needs, controlling for income and education. We find positive impact of generalized morality (i.e. high trust and respect, low obedience). Results are robust to different checks for endogeneity, including instrumental variable regressions at country, regional and individual level as well as to panel-data estimations.

Suggested Citation

  • Pierluigi Conzo & Arnstein Aassve & Giulia Fuochi & Letizia Mencarini, 2016. "The Cultural Drivers of Subjective Well-Being," Working Papers 093, "Carlo F. Dondena" Centre for Research on Social Dynamics (DONDENA), Università Commerciale Luigi Bocconi.
  • Handle: RePEc:don:donwpa:093
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    More about this item

    Keywords

    self-determination; culture; trust; subjective well-being; happiness; life satisfaction;

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • P48 - Economic Systems - - Other Economic Systems - - - Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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