The anatomy of subjective well-being
van Praag, B. M. S., Frijters, P., & Ferrer-i-Carbonell, A. (2003) The anatomy of subjective well-being. Journal of Economic Behavior & Organization, 51(1), pp. 29-49.
This paper contributes to the literature on subjective well-being (SWB) by taking into account different aspects of life, called domains, such as health, financial situation, job, leisure, housing, and environment. We postulate a two-layer model where individual total SWB depends on the different subjective domain satisfactions. A distinction is made between long-term and short-term effects. The individual domain satisfactions depend on objectively measurable variables, such as income. The model is estimated using a large German panel data set.
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|Item Type:||Journal Article|
|Keywords:||Subjective well-being, Satisfaction measurement, Qualitative regressors, Health satisfaction, Job satisfaction|
|Subjects:||Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > Economic Theory (140100)|
|Deposited On:||12 Apr 2010 13:59|
|Last Modified:||29 Feb 2012 23:19|
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