Money, Trust and Happiness in Transition Countries: Evidence from Time Series
| Autor: | Malgorzata Mikucka, Stefano Bartolini, Francesco Sarracino |
|---|---|
| Přispěvatelé: | UCL - SSH/IACS - Institute of Analysis of Change in Contemporary and Historical Societies |
| Jazyk: | angličtina |
| Rok vydání: | 2017 |
| Předmět: |
Economic growth
transition countries Sociology and Political Science short run media_common.quotation_subject jel:D60 Easterlin paradox GDP economic growth subjective well-being happiness life satisfaction social capital time-series 050109 social psychology Affect (psychology) jel:D03 Arts and Humanities (miscellaneous) 0502 economics and business Developmental and Educational Psychology Economics jel:P27 ESS 0501 psychology and cognitive sciences 050207 economics Subjective well-being media_common Short run 05 social sciences General Social Sciences Life satisfaction jel:I31 medium run jel:P50 Happiness jel:O10 Demographic economics Developed country Social capital |
| Zdroj: | Social Indicators Research : an international and interdisciplinary journal for quality-of-life measurement, Vol. 0, no. 0, p. 0 (0) |
| Popis: | The evolution over time of subjective well-being (SWB) in transition countries exhibit some peculiarities: greater variations which are more strongly correlated with the trends of GDP relative to other countries. What is the possible role of social trust in predicting such variations? We compare the capacity of the trends of GDP and of social trust to predict the trends of SWB. We find that the strength of the relationship between social trust and SWB over the medium-term is comparable to that of GDP. Our conclusion is that in the medium-term, even in countries considered as an extreme case of relevance of material concerns for well-being, social trust is a powerful predictor of the evolution over time of SWB. However, in the short run the relationship between social trust and SWB does not hold and GDP stands out as the only significant correlate of SWB. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|