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Composition of families and subjective economic well-being: An application to Italian context

Author

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  • Maria Francesca Cracolici

    () (University of Palermo)

  • Francesca Giambona

    (University of Palermo)

  • Miranda Cuffaro

    (University of Palermo)

Abstract

Using Italian data on Income and Living Conditions for the year 2005, the paper explores empirically whether the determinants of subjective economic well-being (SEW) differ (or not) in four representative typologies of households. By means of a Partial Proportional Ordered Logit Model the subjective economic well-being – proxied by the capacity of households to make ends meet – has been explored. Results highlight the variables acting on SEW, common to each typology, are related both to economic status (specifically, the capacity to pay taxes and to afford housing, clothes and holiday expenditures) and to socio-demographic status (specifically, the work-status and the highest level of education). A more in depth analysis, by level of education, shows the economic precariousness of some specific typologies, namely families with one person, with two or more children, and those whose respondent has a very low level of education.

Suggested Citation

  • Maria Francesca Cracolici & Francesca Giambona & Miranda Cuffaro, 2011. "Composition of families and subjective economic well-being: An application to Italian context," Working Papers 195, ECINEQ, Society for the Study of Economic Inequality.
  • Handle: RePEc:inq:inqwps:ecineq2011-195
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    File URL: http://www.ecineq.org/milano/WP/ECINEQ2011-195.pdf
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    References listed on IDEAS

    as
    1. van Praag, B. M. S. & Frijters, P. & Ferrer-i-Carbonell, A., 2003. "The anatomy of subjective well-being," Journal of Economic Behavior & Organization, Elsevier, vol. 51(1), pages 29-49, May.
    2. Di Tommaso, Maria Laura, 2007. "Children capabilities: A structural equation model for India," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 36(3), pages 436-450, June.
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    Cited by:

    1. Giuseppina Guagnano & Elisabetta Santarelli & Isabella Santini, 2016. "Can Social Capital Affect Subjective Poverty in Europe? An Empirical Analysis Based on a Generalized Ordered Logit Model," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(2), pages 881-907, September.

    More about this item

    Keywords

    Economic Well-being; Subjective Approach; Ordered Logit Model;

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