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Trust as a Factor of Subjective Life Satisfaction

Author

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  • 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
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    File URL: http://www.hse.ru/data/2015/10/14/1075900530/42PSY2015.pdf
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    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, Oxford University Press, vol. 112(4), pages 1251-1288.
    2. 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.
    3. 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.
    4. Yann Algan & Pierre Cahuc, 2010. "Inherited Trust and Growth," American Economic Review, American Economic Association, vol. 100(5), pages 2060-2092, December.
    5. Wen-Chun Chang, 2009. "Social capital and subjective happiness in Taiwan," International Journal of Social Economics, Emerald Group Publishing, vol. 36(8), pages 844-868, July.
    6. L. Polishchuk & R. Menyashev., 2011. "Economic Significance of Social Capital," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 12.
    7. Ferrer-i-Carbonell, Ada & van Praag, Bernard M. S., 2001. "Poverty in the Russian Federation," IZA Discussion Papers 259, Institute for the Study of Labor (IZA).
    8. Ada Ferrer-i-Carbonell & Bernard Van Praag, 2001. "Poverty in Russia," Journal of Happiness Studies, Springer, vol. 2(2), pages 147-172, June.
    9. 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.
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    More about this item

    Keywords

    social capital; trust; subjective life satisfaction.;

    JEL classification:

    • Z - Other Special Topics

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