Enhancing life satisfaction: a shared priority?

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Chapter 11 in Western Welfare Capitalisms in Good Times and Bad, 2023, pp 129-137 from Edward Elgar Publishing

Abstract: Promoting life satisfaction - and measuring it in official surveys - has become a stated priority in all regimes. We find that life satisfaction is highest in social democratic regimes, followed by liberal then corporatist regimes, and lowest in the Southern European proto-corporatist regimes. Regime rankings remained unchanged in the periods before, during and after the Global Financial Crisis. Results hold, controlling for national differences in GDP per capita. Further, inequalities of life satisfaction by social status and income are lowest in the historically social democratic Scandinavian regimes.

Keywords: Economics and Finance; Sociology and Social Policy; Sustainable Development Goals (search for similar items in EconPapers)
Date: 2023
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