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Do we need social cohesion to be happy?

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  • KLEIN Carlo

Abstract

We consider in a first step, that social cohesion will be a determinant of income and, in a second step, income will be a determinant of subjective well-being (SWB) along with social cohesion. We propose to use the weighted Three-Stage Least Squares (3SLS) method to estimate our two steps model, based on EVS wave 2008 data for Luxembourg. The impact of social cohesion on SWB is confirmed by the effect of the socio-cultural domain of social cohesion on SWB. The formal character of the political domain, has a positive impact on SWB. Considering the economic aspect of social cohesion we conclude that this domain should be included in any further research studying the relationship between social cohesion and SWB. Nous considérons dans une première étape que la cohésion sociale sera un déterminant du revenu individuel et dans une deuxième étape que le revenu individuel sera un déterminant du bien-être subjectif à côté de la cohésion sociale. Nous proposons d?estimer ce modèle en appliquant la méthode « des triples moindres carrés pondérés (3SLS) » aux données EVS 2008 pour le Luxembourg. L?impact de la cohésion sociale sur le bien-être subjectif est confirmé par l?effet du domaine socio-culturel de la cohésion sociale sur le bien-être subjectif. De même, le caractère formel du domaine politique de la cohésion sociale a un effet positif sur le bien-être subjectif. En considérant l?aspect économique de la cohésion sociale, nous concluons que ce domaine devrait être inclus dans toute recherche future concernant la relation entre cohésion sociale et bien-être subjectif.

Suggested Citation

  • KLEIN Carlo, 2011. "Do we need social cohesion to be happy?," LISER Working Paper Series 2011-06, Luxembourg Institute of Socio-Economic Research (LISER).
    • Handle: RePEc:irs:cepswp:2011-06
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    More about this item

    Keywords

    subjective well-being; social cohesion; European Value study wave 2008 Luxembourg;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • D60 - Microeconomics - - Welfare Economics - - - General
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General

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