Determinants of Subjective Wellbeing of Individuals (Disaggregated Analysis) Cover Image

Determinanty subjektívneho blahobytu jednotlivcov (Dezagregovaná analýza)
Determinants of Subjective Wellbeing of Individuals (Disaggregated Analysis)

Author(s): Anetta Čaplánová, Marta Orviská
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: subjective wellbeing of an individual; determinants of subjective wellbeing; economic development; World Values data set

Summary/Abstract: In the paper we analyse the determinants of subjective wellbeing (SWB) of individuals using the World Values data set. We find wellbeing linked to relative income, marital status, employment status, gender, age and edu-cation and also to the amount of time the individual spends with the family, friends and in church. Political factors are also important including the level of satisfaction with the country, the perceived state of human rights and institutional trust. We analyse SWB separately for men and women, for the poor and rich and for poor and rich countries. We found substantial differences among individual categories. The factors which make men happy are not a mirror image of those, which do make women happy and happiness in rich countries is not a simple extrapolation of that in poor countries.

  • Issue Year: 58/2010
  • Issue No: 01
  • Page Range: 61-73
  • Page Count: 13
  • Language: Slovak