Artikel

Economic Characteristics and Subjective Well-Being

The primary objective of this study is to examine the relationship between economic characteristics and well-being as one of the components of quality of life. The study is based on microdata obtained from a representative EU-SILC 2013 survey covering the Slovak population age 16 and older. Subjective wellbeing is proxied by a score reflecting the general mood or affect, including depression, anxiety, and psychologic well-being. The estimated mean value of the total subjective wellbeing score is 70 (median: 73). The results presented in this study suggest that economic factors are strongly correlated with the level of subjective well-being. The findings propose positive and diminishing returns to income; unemployed people score on average approximately 9 points lower than those who are employed; people living in indebted households have a lower level of subjective well-being than those living in households without debts; and the ability to face unexpected financial expenses increases the level of well-being.

Sprache
Englisch

Erschienen in
Journal: Sociológia / Slovak Sociological Review ; ISSN: 1336-8613 ; Volume: 50 ; Year: 2018 ; Issue: 3 ; Pages: 334-364 ; Bratislava: Institute for Sociology, Slovak Academy of Sciences

Klassifikation
Wirtschaft
General Welfare; Well-Being
Welfare, Well-Being, and Poverty: General
Thema
Well-Being
EU-SILC
economic characteristics
Slovakia

Ereignis
Geistige Schöpfung
(wer)
Želinský, Tomáš
Soroková, Tatiana
Petríková, Daniela
Ereignis
Veröffentlichung
(wer)
Institute for Sociology, Slovak Academy of Sciences
(wo)
Bratislava
(wann)
2018

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Želinský, Tomáš
  • Soroková, Tatiana
  • Petríková, Daniela
  • Institute for Sociology, Slovak Academy of Sciences

Entstanden

  • 2018

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