IDEAS home Printed from https://ideas.repec.org/p/hig/wpaper/42psy2015.html
   My bibliography  Save this paper

Trust as a Factor of Subjective Life Satisfaction

Author

Listed:
  • Anna Mironova

    (National Research University Higher School of Economics)

Abstract

This paper analyses the relation between trust as the element of social capital and individual subjective life satisfaction. It answers the question of whether trustful people are happier than suspicious people. Using the concept of social capital, we consider three main types of trust: general, institutional and social. The article estimates the level of trust in Russia using data from value research in two federal districts in Russia. This research was conducted by the Centre for Comparative Social Research in summer 2012. The main hypothesis, that there a positive relationship between the level of trust and subjective life satisfaction, was tested using the method of structural equation modelling.

Suggested Citation

  • Anna Mironova, 2015. "Trust as a Factor of Subjective Life Satisfaction," HSE Working papers WP BRP 42/PSY/2015, National Research University Higher School of Economics.
    • Handle: RePEc:hig:wpaper:42psy2015
    as

    Download full text from publisher

    File URL: http://www.hse.ru/data/2015/10/14/1075900530/42PSY2015.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Stephen Knack & Philip Keefer, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(4), pages 1251-1288.
    2. John F. Helliwell & Shun Wang, 2010. "Trust and Well-being," NBER Working Papers 15911, National Bureau of Economic Research, Inc.
    3. Yann Algan & Pierre Cahuc, 2010. "Inherited Trust and Growth," American Economic Review, American Economic Association, vol. 100(5), pages 2060-2092, December.
    4. Helliwell, John F., 2003. "How's life? Combining individual and national variables to explain subjective well-being," Economic Modelling, Elsevier, vol. 20(2), pages 331-360, March.
    5. repec:hal:spmain:info:hdl:2441/432sbils8u9t7qa99cii5psht1 is not listed on IDEAS
    6. Miroslav VerbiÄ & Tine Stanovnik, 2006. "Analysis of Subjective Economic Well-Being in Slovenia," Eastern European Economics, Taylor & Francis Journals, vol. 44(2), pages 60-70, March.
    7. Wen‐Chun Chang, 2009. "Social capital and subjective happiness in Taiwan," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 36(8), pages 844-868, July.
    8. L. Polishchuk & R. Menyashev., 2011. "Economic Significance of Social Capital," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 12.
    9. John F. Helliwell & Haifang Huang, 2010. "How's the Job? Well-Being and Social Capital in the Workplace," ILR Review, Cornell University, ILR School, vol. 63(2), pages 205-227, January.
    10. Ferrer-i-Carbonell, Ada & van Praag, Bernard M. S., 2001. "Poverty in the Russian Federation," IZA Discussion Papers 259, Institute of Labor Economics (IZA).
    11. Ada Ferrer-i-Carbonell & Bernard Van Praag, 2001. "Poverty in Russia," Journal of Happiness Studies, Springer, vol. 2(2), pages 147-172, June.
    12. Ferrer-i-Carbonell, Ada, 2005. "Income and well-being: an empirical analysis of the comparison income effect," Journal of Public Economics, Elsevier, vol. 89(5-6), pages 997-1019, June.
    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. Nazim Habibov & Alena Auchynnikava & Rong Luo, 2019. "Does Community Level Trust Improve Self-Rated Welfare?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 146(3), pages 669-697, December.

    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. John F. Helliwell & Shun Wang, 2010. "Trust and Well-being," NBER Working Papers 15911, National Bureau of Economic Research, Inc.
    2. Drakopoulos, Stavros, 2011. "Hierarchical Needs, Income Comparisons and Happiness Levels," MPRA Paper 48343, University Library of Munich, Germany.
    3. Layard, Richard & Mayraz, Guy & Nickell, Stephen, 2009. "Does relative income matter? Are the critics right?," LSE Research Online Documents on Economics 28594, London School of Economics and Political Science, LSE Library.
    4. Cary Wu, 2021. "How Stable is Generalized Trust? Internal Migration and the Stability of Trust Among Canadians," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 153(1), pages 129-147, January.
    5. Fabio Sabatini & Francesco Sarracino, 2017. "Online Networks and Subjective Well-Being," Kyklos, Wiley Blackwell, vol. 70(3), pages 456-480, August.
    6. Ateca Amestoy, Victoria María & Cortés Aguilar, Alexandra & Moro-Egido, Ana I., 2011. "Social Interactions and Subjective Well-Being: Evidence from Latin America," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    7. Berggren, Niclas & Daunfeldt, Sven-Olov & Hellström, Jörgen, 2014. "Social trust and central-bank independence," European Journal of Political Economy, Elsevier, vol. 34(C), pages 425-439.
    8. John F. Helliwell & Shun Wang & Jinwen Xu, 2016. "How Durable are Social Norms? Immigrant Trust and Generosity in 132 Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(1), pages 201-219, August.
    9. Harvey S. James Jr., 2015. "Generalized Morality, Institutions and Economic Growth, and the Intermediating Role of Generalized Trust," Kyklos, Wiley Blackwell, vol. 68(2), pages 165-196, May.
    10. Andrew E. Clark & Paul Frijters & Michael A. Shields, 2006. "Income and happiness: Evidence, explanations and economic implications," PSE Working Papers halshs-00590436, HAL.
    11. Ada Ferrer-i-Carbonell, 2013. "Happiness economics," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 4(1), pages 35-60, March.
    12. Algan, Yann & Cahuc, Pierre, 2014. "Trust, Growth, and Well-Being: New Evidence and Policy Implications," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 2, pages 49-120, Elsevier.
    13. Weiyan Hu & Siyu Zhang & Yan Song & Tian Liu & Yingchao Lin & Anlu Zhang, 2018. "Effects of Multifunctional Rural Land Use on Residents’ Wellbeing: Evidence from the Xinzhou District of Wuhan City, China," Sustainability, MDPI, vol. 10(10), pages 1-18, October.
    14. Linas Nasvytis, 2022. "Trust and Time Preference: Measuring a Causal Effect in a Random-Assignment Experiment," Papers 2211.17080, arXiv.org.
    15. Verme, Paolo, 2013. "The relative income and relative deprivation hypotheses : a review of the empirical literature," Policy Research Working Paper Series 6606, The World Bank.
    16. Victoria Ateca-Amestoy & Alexandra Aguilar & Ana Moro-Egido, 2014. "Social Interactions and Life Satisfaction: Evidence from Latin America," Journal of Happiness Studies, Springer, vol. 15(3), pages 527-554, June.
    17. Orlowski, Johannes & Wicker, Pamela, 2015. "The monetary value of social capital," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 57(C), pages 26-36.
    18. Senik, Claudia, 2009. "Direct evidence on income comparisons and their welfare effects," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 408-424, October.
    19. Daniel Horn & Hubert Kiss Janos & Sára Khayouti, 2020. "Does trust associate with political regime?," CERS-IE WORKING PAPERS 2013, Institute of Economics, Centre for Economic and Regional Studies.
    20. Oasis Kodila-Tedika & Julius Agbor, 2016. "Does Trust Matter for Entrepreneurship: Evidence from a Cross-Section of Countries," Economies, MDPI, vol. 4(1), pages 1-17, March.

    More about this item

    Keywords

    social capital; trust; subjective life satisfaction.;
    All these keywords.

    JEL classification:

    • Z - Other Special Topics

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:hig:wpaper:42psy2015. 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: Shamil Abdulaev or Shamil Abdulaev (email available below). General contact details of provider: https://edirc.repec.org/data/hsecoru.html .

    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.