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Subjective Well-Being, Income and Economic Margins
Stockholm University, Faculty of Social Sciences, The Swedish Institute for Social Research (SOFI).
Stockholm University, Faculty of Social Sciences, Department of Economics.
2011 (English)Report (Other academic)
Abstract [en]

This paper uses the Swedish Level of Living Survey to study how satisfaction with living conditions and daily life covary with economic resources, in the cross-section and in a decade-long panel. We find that self-reported lack of economic margins is a powerful determinant of satisfaction, its magnitude being comparable even to that of marriage or cohabitation. In contrast, although income is positively associated with satisfaction, the relationship is less robust than for economic margins, and the estimated gradients vary substantially depending on the choice of satisfaction measure, income measure and model specification. 

Place, publisher, year, edition, pages
2011. , 34 p.
Series
Swedish Institute for Social Research, ISSN 0283-8222 ; 12/2011
National Category
Economics
Identifiers
URN: urn:nbn:se:su:diva-63449OAI: oai:DiVA.org:su-63449DiVA: diva2:449014
Available from: 2011-10-19 Created: 2011-10-19 Last updated: 2011-10-19Bibliographically approved

Open Access in DiVA

M. Berlin, N. Kaunitz WP 12/2011(498 kB)178 downloads
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File name FULLTEXT01.pdfFile size 498 kBChecksum SHA-512
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Type fulltextMimetype application/pdf

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The Swedish Institute for Social Research (SOFI)Department of Economics
Economics

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CiteExportLink to record
Permanent link

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Citation style
  • apa
  • ieee
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  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
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  • asciidoc
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