The Anatomy of Subjective Well-being

Bernard van Praag, Paul Frijters and Ada Ferrer-i-Carbonell

No 02-022/3, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: 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.

This discussion paper resulted in a publication in the Journal of Economic Behavior and Organization .

Keywords: Subjective Well-Being; Satisfaction measurement; Qualitative regressors; Health satisfaction; Job satisfaction (search for similar items in EconPapers)
JEL-codes: C23 C25 I31 (search for similar items in EconPapers)
Date: 2002-02-19
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

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Related works:
Journal Article: The anatomy of subjective well-being (2003)
Working Paper: The Anatomy of Subjective Well-Being (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:tin:wpaper:20020022

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