6533b86ffe1ef96bd12cdc61

RESEARCH PRODUCT

Happiness, satisfaction and socio-economic conditions: Some international evidence

Amado Peiró

subject

Economics and Econometricsmedia_common.quotation_subjectUnemploymentWell-beingEconomicsHappinessMarital statusSubjective well-beingAssociation (psychology)SocioeconomicsSocioeconomic statusSocial psychologymedia_common

description

Abstract This paper examines the relationships between socio-economic 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.

yearjournalcountryeditionlanguage
2006-04-01The Journal of Socio-Economics
https://doi.org/10.1016/j.socec.2005.11.042