Subjective economic well-being in Eastern Europe

Arbeitspapier

This paper analyses subjective economic well-being in several Eastern European countries from 1991 to 1995. Economic well-being explains a significant part of the variation in overall life satisfaction of Eastern Europeans. In an ordered logit model, the determinants of subjective economic well-being are analysed. Some results are very similar to typical findings in happiness regressions, such as a negative but u-shaped age effect, positive influences of education and relative income position, as well as a negative effect of unemployment. Differing results were found with regard to gender and marital status. Finally, comparing indicators of objective and subjective well-being on a macro level indicates that using a standard macro variable for crosscountry comparisons in well-being, such as real GDP per capita, may provide misleading results during the early stages of transformation.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Diskussionsbeitrag ; No. 120

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Personal Income, Wealth, and Their Distributions ; Welfare Economics: General ; General Welfare; Well-Being ; Economywide Country Studies: Europe
• Thema: Eastern Europe ; economic well-being ; happiness ; economic transformation ; Lebensqualität ; Lebensstandard ; Öffentliche Meinung ; Übergangswirtschaft ; Osteuropa

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Hayo, Bernd ; Seifert, Wolfgang
• Ereignis: Veröffentlichung
• (wer): Universität-Gesamthochschule Essen, Fachbereich Wirtschaftswissenschaften
• (wo): Essen
• (wann): 2002

Weitere Informationen

• Handle: http://hdl.handle.net/10419/40939
• Letzte Aktualisierung: 20.09.2024, 08:21 MESZ