Abstract:
This paper analyzes life satisfaction in Romania in 2001, 12 years after the collapse of communism and the beginning of the transition into a market economy. Using a survey of 1770 individuals, we find that our results are very similar to studies in Western Europe and the US. Life satisfaction increases with housing standard, health status, economic situation, education, trusting other people, and living in the countryside, and decreases with rising unemployment. However, life satisfaction is lower than in Western countries with about 75% of the people in the sample being not at all satisfied or quite dissatisfied with their life in general. A policy discussion concludes the paper.
More papers in Working Papers in Economics from Göteborg University, Department of Economics Address: Department of Economics, School of Business, Economics and Law, Göteborg University Box 640, SE 405 30 GÖTEBORG, Sweden Contact information at EDIRC. Series data maintained by Jens Anmark ().
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