Arbeitspapier

The Anatomy of Subjective Well-being

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.

Language
Englisch

Bibliographic citation
Series: Tinbergen Institute Discussion Paper ; No. 02-022/3

Classification
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
General Welfare; Well-Being
Subject
Subjective Well-Being
Satisfaction measurement
Qualitative regressors
Health satisfaction
Job satisfaction
Lebensqualität
Verhaltensökonomik
Arbeitszufriedenheit
Einkommen
Theorie
Deutschland

Event
Geistige Schöpfung
(who)
van Praag, Bernard M.S.
Frijters, P.
Ferrer-i-Carbonell, A.
Event
Veröffentlichung
(who)
Tinbergen Institute
(where)
Amsterdam and Rotterdam
(when)
2002

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • van Praag, Bernard M.S.
  • Frijters, P.
  • Ferrer-i-Carbonell, A.
  • Tinbergen Institute

Time of origin

  • 2002

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