Search results for "World Values Survey"
showing 3 items of 13 documents
Perceived Corruption and Individuals’ Life Satisfaction: The Mediating Role of Institutional Trust
2018
Corruption degrades the quality of institutions, increases economic inequality and limits growth. Recent studies indicate that corruption is also associated with lower satisfaction with life. This research examines a potential explanation for this association and investigates the role of institutional trust in mediating the linkage between perceived corruption and satisfaction with life. Specifically, in two studies, we tested the novel hypothesises that perceived corruption affects life satisfaction indirectly by undermining individuals’ confidence in institutions. Study 1 (N = 251) involved an opportunity sample from the US. Study 2 (N = 9508) analysed data from the World Value Survey and…
More Choice for Better Choosers: Political Freedom, Autonomy, and Happiness
2016
A substantial literature finds that freedom in the sense of an expanded opportunity set is positively related to happiness. A contrasting literature, however, finds that an excess of choice can have socially undesirable outcomes. We test the effect of two types of freedom—autonomy and political—on happiness using five waves of World Values Survey data (1981–2008). We find evidence supporting the claim that equipping people with the tools to direct the course of their lives (i.e. increasing autonomy freedom) incentivizes the desire to investigate alternatives (e.g. political parties) before making a decision. The effect of freedoms on happiness is diminished in contexts where individuals hav…
Culture and current account balances
2014
This article contributes to the literature of current account balances by introducing cultural variables that until now have been omitted. The World Values Survey indicates that the Roman Catholics do not consider thrift as important as others. We propose that Catholic countries tend to run current account deficits. This result remains robust even if we control for close to all of the determinants that have been included in previous studies. We find evidence that the inclination of Catholic countries to have high levels of uncertainty avoidance goes to a great length in explaining the result. peerReviewed