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Composition of families and subjective economic well-being: An application to Italian context

Maria Francesca Cracolici (), Francesca Giambona and Miranda Cuffaro
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Francesca Giambona: University of Palermo
Miranda Cuffaro: University of Palermo

No 195, Working Papers from ECINEQ, Society for the Study of Economic Inequality

Abstract: Using Italian data on Income and Living Conditions for the year 2005, the paper explores empirically whether the determinants of subjective economic well-being (SEW) differ (or not) in four representative typologies of households. By means of a Partial Proportional Ordered Logit Model the subjective economic well-being – proxied by the capacity of households to make ends meet – has been explored. Results highlight the variables acting on SEW, common to each typology, are related both to economic status (specifically, the capacity to pay taxes and to afford housing, clothes and holiday expenditures) and to socio-demographic status (specifically, the work-status and the highest level of education). A more in depth analysis, by level of education, shows the economic precariousness of some specific typologies, namely families with one person, with two or more children, and those whose respondent has a very low level of education.

Keywords: Economic Well-being; Subjective Approach; Ordered Logit Model (search for similar items in EconPapers)
Pages: 20 pages
Date: 2011
New Economics Papers: this item is included in nep-hap
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Citations: View citations in EconPapers (2)

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