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Diskussionspapiere Discussion Papers Discussion Paper No. 265 The Anatomy of Subjective Well-being (2001)
BibTeX
@MISC{Praag01diskussionspapierediscussion,
author = {B. M. S. Van Praag and P. Frijters and A. Ferrer-i-carbonell and B. M. S. Van Praag and P. Frijters and A. Ferrer-i-carbonell},
title = {Diskussionspapiere Discussion Papers Discussion Paper No. 265 The Anatomy of Subjective Well-being},
year = {2001}
}
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Abstract
† The authors would like to thank Rob Alessie for useful comments. The usual disclaimers apply. We are grateful to the DIW and the GSOEP- project leader Gert Wagner for making the data available to us and for giving us hospitality at DIW when setting up the present study. THE ANATOMY OF SUBJECTIVE WELL- BEING 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
Keyphrases
subjective well-being diskussionspapiere discussion paper discussion paper individual subjective well-being domain satisfaction financial situation various domain satisfaction several economist measurable variable present study anatomy subjective well subjective well-being different aspect short term effect usual disclaimer individual subjective domain satisfaction useful comment gsoep project leader gert wagner rob alessie layer model
