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Trust as a Factor of Subjective Life Satisfaction

Listed author(s):
  • Anna Mironova

    ()

    (National Research University Higher School of Economics)

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    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.

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    File URL: http://www.hse.ru/data/2015/10/14/1075900530/42PSY2015.pdf
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    Paper provided by National Research University Higher School of Economics in its series HSE Working papers with number WP BRP 42/PSY/2015.

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    Length: 23 pages
    Date of creation: 2015
    Publication status: Published in WP BRP Series: Science, Psychology / PSY, October 2015, pages 1-23
    Handle: RePEc:hig:wpaper:42psy2015
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    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, M.E. Sharpe, Inc., 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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