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Rich student, happy student: The case study of Croatia

Author

Listed:
  • Dajana Barbić

    (Faculty of Economics and Business, University of Zagreb)

  • Irena Palić

    (Faculty of Economics and Business, University of Zagreb)

Abstract

This research paper delves into a comprehensive analysis of the financial and life satisfaction levels among the youth in Croatia, with a keen focus on understanding the intricate relationship between these two constructs. The primary objective of this study is to assess the significance of individual financial satisfaction as a key predictor of overall happiness and satisfaction levels. By leveraging a robust dataset collected from both university and high-school students in Croatia, and employing rigorous regression analysis techniques, we have uncovered compelling evidence that underscores the substantial influence of financial satisfaction on bolstering one's life satisfaction. Our findings underscore the critical role of improving financial satisfaction and exercising effective control over personal finances in augmenting overall happiness levels. Through a nuanced exploration of these dimensions, this study paves the way for actionable insights and strategies to enhance well-being among the youth in Croatia.

Suggested Citation

  • Dajana Barbić & Irena Palić, 2023. "Rich student, happy student: The case study of Croatia," EFZG Working Papers Series 2305, Faculty of Economics and Business, University of Zagreb.
    • Handle: RePEc:zag:wpaper:2305
    as

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    File URL: http://web.efzg.hr/repec/pdf/Clanak%2023-05.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    financial satisfaction; happiness; life satisfaction; students;
    All these keywords.

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • P46 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty
    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics

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