Determinants of subjective well-being in high and low income countries: Do happiness equations differ across countries?

Francesco Sarracino

Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2013, vol. 42, issue C, 51-66

Abstract: ► Present work tests the cross-country comparability of a happiness equation including proxies of social capital and relational goods. ► It focuses on two extremely opposite groups of countries: the richest and the poorest ones. ► The happiness equation is stable in the two groups of countries. ► Proxies of relational goods are positively correlated with subjective well-being. ► Social capital is a significant correlate of subjective well-being with stronger coefficients in high income countries.

Keywords: Happiness equation; Easterlin paradox; Subjective well-being; Life satisfaction; Social capital; Relational goods; Oaxaca decomposition (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (30)

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Related works:
Working Paper: Determinants of Subjective Well-Being in High and Low Income Countries: do happiness equations differ across countries? (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:42:y:2013:i:c:p:51-66

DOI: 10.1016/j.socec.2012.11.006

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