Search results for "Subjective Economic Well-being"

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The determinants of subjective economic well-being: an analysis on Italian-Silc data

2011

Using Italian data on Income and living conditions for the year 2005, the paper investigates the main determinants of households’ subjective economic well-being by means of a Partial Proportional Ordered Logit Model. According to a joint subjective and objective perspective of analysis, we use as dependent variable the perceived ability of households to make ends meet. Whereas, we use as explanatory variables some objective aspects of living conditions relating to housing, financial equilibrium, possession of durables and quality of residence place and some socio-demographic characteristics. The empirical results show that the financial strain is the most relevant dimension of living condit…

Actuarial scienceVariablesbusiness.industrymedia_common.quotation_subjectEconomic well beingOrdered logit model Subjective economic well-beingSettore SECS-S/03 - Statistica EconomicaFinancial strainComing outEconomicsResidenceDemographic economicsOrdered logitFinancial equilibriumLife-span and Life-course StudiesbusinessAccommodationmedia_common
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Assessment of subjective economic well-being in Italy

2010

Using the European Survey on Income and Living Conditions for the year 2005, we analyze the subjective economic well-being and its determinants relating to some sub-groups of Italian households by means of an Ordered Logit Model (OLM), whose dependent variable is represented by a perception variable, that is the ability of households to make ends meet. The empirical results highlight that the main determinants of subjective economic well-being are the same for the four typologies of households. The subjective economic well-being is not only related to the economic status, but it is mostly influenced by socio-demographic variables, as work and education conditions. Furthermore, the level of …

Ordered Logit ModelSubjective Economic Well-being
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