The relationship between subjective well-being and domain satisfactions is studied in this paper. In the past, different models have been specified. The most commonly used model is the bottom-up model where domain satisfactions affect subjective well-being. The more recent top-down model suggests a reversed relationship. Finally, there is the suggestion that the correlations between these variables can be spurious due to the effect of personality characteristics. Empirical research has shown that different models fit different domains. All three possibilities are evaluated for three domains on the basis of data from the Russet panel. The relationships found are quite different from those found in other studies, thus we conclude that the models may not only vary by domain, but also by country. This result is in line with the idea of a hierarchy of values suggested in older literature.