Exploring determinants of subjective wellbeing in OECD countries - evidence from the world value survey

"The paper explores issues with assessing wellbeing in OECD countries based on self-reported life satisfaction surveys in a pooled regression over time and countries, at the country level and the OECD average. The results, which are in line with previous studies of subjective wellbeing, show th...

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Bibliographic Details
Main Authors: Flèche, Sarah, Smith, Conal, Sorsa, Piritta
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Paris 2012
OECD
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19135332124919535149-exploring-determinants-of-subj.htm
Description
Summary:"The paper explores issues with assessing wellbeing in OECD countries based on self-reported life satisfaction surveys in a pooled regression over time and countries, at the country level and the OECD average. The results, which are in line with previous studies of subjective wellbeing, show that, apart from income, the state of health, not being unemployed, and social relationships are particularly important for wellbeing with only some differences across countries. The results also show that cultural differences are not major drivers of differences in life satisfaction. Correlations between the rankings of measures of life satisfaction and other indicators of wellbeing such as the Human Development Index and Better Life Index are also relatively high. Measures of subjective wellbeing can play an important part in informing policy makers of progress with wellbeing in general, or what seems to matter for wellbeing—health, being employed and social contacts-- beyond income."
Physical Description:41 p.
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