Happiness, satisfaction and socioeconomic conditionssome international evidence

  1. Peiró Giménez, Amado
Revista:
Working papers = Documentos de trabajo: Serie EC - (Instituto Valenciano de Investigaciones Económicas)

Ano de publicación: 2002

Número: 21

Tipo: Documento de traballo

Resumo

This paper examines the relationships between socioeconomic conditions and happiness or satisfaction of individuals in 15 countries. In agreement with earlier studies, age, health and marital status are strongly associated with happiness and satisfaction. In seeming contrast with other studies, unemployment does not appear to be associated with happiness, although it is clearly associated with satisfaction. Income is also strongly associated with satisfaction, but its association with happiness is weaker. These results point to happiness and satisfaction as two distinct spheres of well-being. While the first would be relatively independent of economic factors, the second would be strongly dependent.