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The Anatomy of Subjective Well-being

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dc.creator van Praag, Bernard M. S.
dc.creator Frijters, P.
dc.creator Ferrer-i-Carbonell, Ada
dc.date 2001
dc.date.accessioned 2013-10-16T06:59:05Z
dc.date.available 2013-10-16T06:59:05Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18249
dc.identifier ppn:341864773
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18249
dc.description Subjective Well-Being has increasingly been studied by several economists. This paper fits in that literature but takes into account that there are different aspects of life such as health, financial situation, and job. We call them domains. In this paper, we consider Subjective Well-Being as a composite of various domain satisfactions (DS). We postulate a two -layer model where individual Subjective Well-Being is explained by individual subjective domain satisfactions with respect to job, finance, health, leisure, housing, and environment. We distinguish between long -term and short - term effects. Next, we explain domain satisfactions and Subjective Well-Being by objectively measurable variables such as income. We estimate a model for the GS and DS equations with individual random effects and fix time effects.
dc.language eng
dc.publisher Deutsches Institut für Wirtschaftsforschung (DIW) Berlin
dc.relation DIW-Diskussionspapiere 265
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject I31
dc.subject C25
dc.subject C23
dc.subject ddc:330
dc.subject Subjective Well-Being
dc.subject satisfaction measurement
dc.subject qualitative regressors
dc.subject health satisfaction
dc.subject job satisfaction
dc.subject Lebensqualität
dc.subject Verhaltensökonomik
dc.subject Arbeitszufriedenheit
dc.subject Einkommen
dc.subject Theorie
dc.subject Deutschland
dc.subject Lebenszufriedenheit
dc.title The Anatomy of Subjective Well-being
dc.type doc-type:workingPaper


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