The relationship between measures of subjective and economic well-being: A new look

The objective of this research is to examine the importance of variable specification in using economic variable to explain the variance in individual's perceived (1) overall psychological, (2) economic, and (3) non-economic well-being. Results indicate that careful specification of economic variables improves the explained variance of perceived subjective well-being. Specification of dependent variable, life satisfaction, based on a domain-specific scale, proves superior to using the response to the global satisfaction question, “How do you feel about life as a whole?’ Economic variables prove significant in explaining both perceived economic and non-economic domains of life satisfaction. Although its overall effect on life satisfaction is negative, increased family size is found to enhance non-economic life satisfaction, while detracting from economic aspects of life satisfaction.     

Tolerance is Not Enough: The Moderating Role of Optimism on Perceptions of Regional Economic Performance

Current theories on economic growth are stressing the important role of creativity and innovation as a main driver of regional development. Some perspectives, like Richard Florida’s ‘creative class theory’, have elected tolerance and diversity as a core concept in explaining differential development between different places, but his assumptions are challenged by other empirical and theoretical studies. In this article, we raise the possibility that tolerance is a necessary yet not a sufficient ingredient to trigger economic development in regions, and explore the role of subjective well-being (life-satisfaction, happiness, and optimism) as a moderator. Using a nationwide survey of 3,757 respondents from 21 different municipalities, the results show that optimism played the role of moderator, thus evidencing that psychological variables should be taken into account when trying to understand regional economic development.     

Measures of economic well-being as predictors of psychological well-being

This research indicates that a comprehensive measure of economic well-being based on permanent income, annuitized net worth, and household economic demands, performs better as a predictor of psychological well-being than conventional measures of economic well-being, particularly current reported income. Statistically, the results are significant yet the percentage of psychological well-being variance explained by the measures of economic well-being is very small. The average level of happiness varied only a small amount across quintile categories of each of the measures of economic well-being. That is to say, a substantial number of respondents in the lowest and next lowest quintiles of the measures of economic well-being expressed as high a level of happiness as respondents in the upper two quintiles of economic well-being.This research was funded by a grant from the National Institutes of Health/Mental Health #MH41783-02.     

Economic Theory and Subjective Well-being: Mexico

Several studies have been conducted on the topic of well-being. Most of them, however, have been done in industrialized countries where income is distributed relatively more equitatively and the population tends to be more homogeneous. This paper studies the relationship between subjective and economic well-being in Mexico, a country where the economic differences among the population are more clearly marked.

According to the economic definition of well-being, higher levels of income are associated with higher levels of well-being through greater levels of material consumption. Taking into consideration this definition, it is worth asking just how important income is for an individual's happiness?Existing studies in psychology have found a positive correlation between economic well-being (socioeconomic status) and subjective well-being (happiness). However, this positive relationship is weak and a large percentage of human happiness remains unexplained.

Although the mentioned studies make a good approximation of the existing relationship between income and happiness, the characteristics or specification of the function that generates the relationship between these two variables is often assumed to be linear and positive. The main objective of this paper is to investigate further the relationship between subjective and economic well-being. In this study different specifications and approaches are used to approximate the relationship between these variables.

An empirical analysis is made from the results of a survey conducted in two Mexican cities. The investigation studies the impact of demographic, social, and economic variables on subjective well-being in Mexico. Several hypotheses are tested to identify the relationship between household income and individual well-being. It is found that income does not have a strong influence on neither well-being nor on the probability of happiness. However, people tend to overstress the impact that additional income would have on their subjective well-being. This fact could explain the importance that people place on increasing their income level, and it could possibly explain the relative sense of dissatisfaction once a higher income level is achieved.

The relationship between income and the sense of basic need satisfaction is also explored. A main assumption in economic theory suggests the existence of a direct relationship between these variables; however, empirical results show this relationship to be extremely weak. Results indicate that subjective well-being is positively related to the sense of basic need satisfaction but not to income.

     

Daily Spiritual Experiences and Psychological Well-being Among US Adults

This study focuses on one of the most significant recent innovations in the conceptualization and measurement of religiousness and spirituality, the Daily Spiritual Experience scale (DSES; Underwood (2006) Archive for the Psychology of Religion/Archiv fur Religion Psychologie, 28, 181–218). Using data from 1998 and 2004 NORC General Social Surveys, we address a number of questions regarding the social patterning of daily spiritual experiences, and the relationships between spiritual experiences and multiple dimensions of psychological well-being. Our results suggest a robust positive association between DSES and psychological well-being. By contrast, DSES appears to have little bearing on negative affect. We also found that DSES does not account for the association between religious practices and psychological variables. That is, DSES appears to tap another aspect of spirituality that is relevant for well-being, above and beyond the influence of religious practices. Various implications of the findings, as well as study limitations and future research direction are discussed.     

Women’s Well-Being in Iran: Territorial Analysis Using a Multidimensional Approach

This paper employs a multidimensional index for assessing women’s well-being in Iranian provinces using demographic and health survey macro data. Besides economic status as a traditional dimension for objective well-being, other factors such as health, education, risk, and technology as well as self-reported life satisfaction and happiness (psychological well-being) have been included as non-material well-being dimensions. We found that the values of women’s well-being are distributed unequally across the provinces. Southern provinces demonstrate the worst performances and central provinces have the best. Generally, Iranian women are in poor condition in terms of economic variables (e.g. income and participation in the job market), psychological well-being (life satisfaction), HIV literacy, use of the internet, and access to mass media. On the other hand, in recent years, they have made significant progress in education (such as the rate of literacy, high school degree), and health (safe pregnancy care and nutritional supplements).     

Income and “Outcomes” for Elderly: DO the Poor have A Poorer Life?

The objective of this paper is to analyze the relationship between income and living conditions and well-being of elderly. The best from two worlds is used for this purpose: a Danish survey covering 1440 elderly aged 72 and 77 from 1997, connected to reliable register information on income, 1988–1996. Indicators of physical activity, social and solitary activities, social contact, functional capability, loneliness and psychological well-being are constructed from the survey. Ordered logistic models are estimated controlling for demographics, education, previous occupation and whether the elderly are still working. It is found that elderly with low income levels have poorer functional capability, lower physical activity and poorer psychological well-being whereas social contact and social activities show no relationship with income. The relationship with income vanishes for solitary activities and loneliness when adding control variables. Having established that robust relations exist between income and some measures of well-being of elderly, we turn to an investigation of causality. Simultaneous models are estimated to assess whether the income relationship can be causally interpreted for functional capability and physical activity. The results show that it cannot be rejected that the income effects are causal, although care should be taken when interpreting results. We finally address our findings in the light of current and future changes regarding the size and economic well-being of the elderly population.     

Walking a well-being tightrope: young people in Australia

The economic and social contribution young people make to society is increasingly important as the population ages. Yet a substantial number of young people face economic and social challenges that have an impact on their current and future well-being. Independent indicators are often used to describe what we know about how young people are faring, but these fail to show how young people are doing holistically, across their whole life. If we are to better understand and improve young people??s well-being and their lives more generally, it is critical that research establishes the connections and interactions between life domains. This paper uses a well-being framework and secondary analysis of national statistics to begin to understand how young people are faring when we cross economic outcomes with other social indicators. It argues that some Australian young people fare poorly across a large number of other social indicators and thus may be walking a tightrope in regard to their well-being and well-becoming. This paper also aims to generate a dialogue about using a well-being framework for future research with and about young people.     

Who are the Supporters of Croatian Membership in the European Union and NATO? Predictive Value of Personal and National Well-Being

Like many other Central and Eastern European countries Croatia has passed through substantial political changes and transition processes from state to liberal market economy in the last two decades. The next important step is accession to EU and NATO, and public opinion about joining these associations is divided. The aim of this study is to investigate the predictive value of subjective well-being measures in explaining attitudes of Croatian citizens toward accession to NATO and European Union. In particular, the prognostic utility of SWB is tested over and above usefulness of basic socio-demographic variables in explaining those political opinions. The research was conducted on a huge and representative sample (N = 4,000) of Croatian citizens in the spring of 2009. As a measure of subjective well-being, Croatian version of International Well-Being Index (IWI; Cummins in International Wellbeing Index, Version 2 [online]. Available from: , 2002) was used. IWI includes National and Personal Well-Being scales where each scale consists of several personal or national well-being domains. Socio-demographic variables used in this survey were gender, age, and level of education. Hierarchical logistic regression was applied to test the unique contribution of National and Personal well-being domains in predicting attitudes toward accession. The results show that National well-being index is useful in predicting attitudes toward accession of Croatia to EU and NATO, and has an even higher predictive value than basic socio-demographic variables. National well-being domains that significantly improve prediction were satisfaction with government and satisfaction with national economic situation. Higher satisfaction with national government is related to support of accession to both alliances, whereas higher satisfaction with national economy is associated solely with supporting the EU membership. The personal well-being index and belonging domains were not useful in this political attitude prediction. Possible theoretical explanation of observed relations between NWI and political opinion were further discussed.     

Social Support and Psychological Well-Being Under Social Change in Urban and Rural China

The economic reforms of the past two decades have initiated a major social transition in China, characterized by unprecedented social mobility and stratification. Meanwhile, the privatization of health care has increased costs to the consumer. While such changes would logically affect individuals’ psychological well-being, little attention has been paid to this association. Using data from the Chinese General Social Survey (2005), this paper looks at the relationships between social changes and the psychological well-being of individuals in both urban and rural areas, as well as the role of social support in Chinese society. We find that an increasing health-care burden is significantly associated with individuals’ psychological well-being, especially in rural China. Perceived social status, its change over time and its comparison with perceived status of peers, are also significantly correlated with psychological well-being both in rural and urban China. Social support has a protective function for psychological well-being across different samples, and also compensates for the negative association between increasing health-care burden and psychological well-being, but it strengthens relative deprivation during social change on psychological well-being in rural areas.     

Fertility and economic dependency of Soviet women

The study addresses itself to the question: If it can be shown that economic dependency of women is not associated with fertility, then what are the variables that favor their abstention from work outside home? Results based on an extensive statistical analysis of Soviet data bring into focus new evidence. It was found thateconomic dependency of women is associated with themarriage differential between sexes. This relationship is especially evident in the regions where birth rates are of a low order. In the geographic areas where fertility is high, the percentage of economically inactive women increases with an increase in the urban population portion in an administrative area. Five principal components of urbanization have been identified: (1) educational level, (2) increasing rates of marriage, (3) divorce, (4) equal educational status of women as compared with men, and (5) the rising proportion of economically dependent women in the 16–54 age span. Most of the data are based on the 1959 Census and vital statistics by administrative areas for the U. S. S. R. For analytic purposes these were sorted into 30 areas of low birth rates, 62 areas with moderate rates, and 48 administrative areas corresponding to the high-fertility region in the Caucasus, Central Asia, and in several autonomous non-Slav republics.     

Gender differences in economic well-being among the elderly of java

With populations aging rapidly in many developing nations, issues of economic dependency among the elderly are of increasing importance. Using data from a 1986 survey of the elderly on Java, Indonesia, I describe gender differences in economic well-being and identify characteristics associated with economic disadvantage. At both the individual and the household level, older women have fewer resources than older men. Even within categories of support (work income and remittances), women have lower levels of well-being. Gender differences in household-level economic well-being are due primarily to differences in household structure and in levels of skills. Gender differences in individual receipts (from all sources) are more complicated, but can be understood more clearly with reference to gender differences in skills levels (literacy, language, job skills), current work status and authority, and domestic authority.     

The ‘What’, ‘Why’ and ‘How’ of Employee Well-Being: A New Model

This paper examines the ‘what’, ‘why’ and ‘how’ of employee well-being. Beginning with the ‘what’ of well-being, the construct of mental health was explored with the aim of building a model of employee well-being. It was proposed that employee well-being consists of three core components: (1) subjective well-being; (2) workplace well-being and (3) psychological well-being. Following this, the ‘why’ of employee well-being was investigated; that is, why employee well-being should be an important matter for organisations. It was argued that employee well-being is an important precursor to organisational well-being, as indicated by its links to employee turnover and performance. The next section was concerned with the ‘how’ of employee well-being; that is, how well-being can be reliably enhanced. Drawing on two models of strengths and a practice model of psychological assessment, it was asserted that strength-based development can reliably enhance employee well-being. A solid framework for understanding and measuring employee well-being is offered in the hope that it will foster a more integrated approach to assessing and optimising employee well-being.

Social Correlates of Psychological Well-Being Among Undergraduate Students in Mysore City

This study explores the impacts of social factors on psychological well-being mainly, gender, educational levels of parents, family income, occupation of parents, and family relationships. The research methodology I employed was guided by random sampling techniques; I selected two hundred eighty students, between the ages of, 19 and 22, from both genders, and different socioeconomic and religious backgrounds. These students were selected from a total of 8 governmental and private colleges in Mysore. I prepared a structured questionnaire for gathering the demographic information and assessing relevant social factors. To measure psychological well-being, I administered Ryff’s psychological well-being scales (Ryff in J Pers Soc Psychol 57(6):1069–1081, 1989). I used frequencies, distribution, and contingency coefficient to describe the variables such as, age, gender, education, religion, income, occupation and their association with type of colleges The data were statistically tested through a one way analysis of variance (ANOVA), Post Hoc Test (Duncan’s Multiple Range Test) and a t test using (SPSS, version 16). The findings of this quantitative study reveal that there were no gender differences in relation to psychological well-being of students. Educational levels of parents, occupation, income, and family relationships impact students’ psychological well-being. This study contributes to the literature in two ways. First, my work explores multiple social factors in tandem, instead of focusing on one social factor. Second, the current study probes into better understanding of the sociological issues that are related to characteristics of psychological well-being, particularly that of young college -age women and men. This research is supported by previous studies related to the psychological well-being.     

Welfare reform and changes in the economic well-being of children*

Since the implementation of the Temporary Assistance for Needy Families (TANF) program in late-1996, welfare rolls have declined by more than half. This paper explores whether improvements in the economic well-being of children have accompanied this dramatic reduction in welfare participation. Further, we examine the degree to which the success or failure of welfare reform has been shared equally among families of varying educational background. We analyze data from the March Current Population Surveys (CPS) over the years 1988 through 2001. Specifically, we link data for families with children who are interviewed in adjacent years and determine whether their economic circumstances either improved or deteriorated. We use two alternative approaches to address this general issue: a variety of regression models and a difference-in-differences methodology. These approaches provide consistent answers. In a bivariate framework TANF is associated with higher incomes; but this association becomes insignificant in the presence of business cycle controls. We also determine that children who were poor at an initial time period benefit differently, depending on their parents' educational attainment level. Poor children with parents who do not have a high school degree are significantly worse off in the TANF era, relative to the era prior to welfare reform, than are poor children of more educated parents.     

The Interplay between Educational Achievement, Occupational Success, and Well-Being

Many studies have examined the effect of life events, education, and income on well-being. Conversely, research concerning well-being as a predictor of life course outcomes is sparse. Diener’s suggestion “to inquire about the effects of well-being on future behavior and success” has, with some exceptions, not yet come to fruition. This article contributes to this body of research. We conceptualize and analyze the interplay between educational achievement, occupational success, and well-being as a complex process. The relationship between these domains is examined drawing on a structure-agency framework derived from Bourdieu and Social Comparison Theory. Social comparison between adolescents and their parents is suggested to be the mechanism explaining the effects of successful and unsuccessful intergenerational transmission of educational achievement and occupational success on well-being. It is further argued that well-being may serve as an individual resource by fostering educational and occupational outcomes. Panel data from the Transition from Education to Employment (TREE) project, a Swiss PISA 2000 follow-up study, was used. The interplay between well-being and successful and unsuccessful intergenerational transfer of educational attainment was analyzed in an autoregressive cross-lagged mixture model framework. Social comparison was found to be related to well-being, while well-being proved to significantly increase the probability of successful intergenerational transfer of educational attainment.     

The Concept,Dimensions and Methods of Assessment of Human Well-Being within a Socioecological Context: A Literature Review

The concept of well-being has evolved over the past several decades as research has continued to reveal its multidimensional, dynamic, person-specific and culture-specific nature. Most recently, the ecological embeddedness of well-being has also gained recognition, and this development of the concept demands that we explore and identify new conceptual frameworks and appropriate methodological approaches towards the assessment of quality of life within a socioecological context. This paper offers a review of seminal and current research in the fields of social indicators, human development, ecological economics, and natural resources management, with the aim of examining the concept and the various methodologies designed to assess both the objective and subjective components and the multiple dimensions that comprise well-being. We also present some methodological approaches that have the capacity to account for the role of ecosystem services, considering several studies of rural populations whose well-being depends on the flow of ecosystem services, highlighting the participatory methods these studies employed to identify and assess locally relevant well-being indicators, and addressing some of the challenges inherent in such methods. We conclude with an appraisal of what we regard as the most appropriate methodological approach for measuring human well-being in the socioecological context.     

Welfare reform and changes in the economic well-being of children*

Since the implementation of the Temporary Assistance for Needy Families (TANF) program in late-1996, welfare rolls have declined by more than half. This paper explores whether improvements in the economic well-being of children have accompanied this dramatic reduction in welfare participation. Further, we examine the degree to which the success or failure of welfare reform has been shared equally among families of varying educational background. We analyze data from the March Current Population Surveys (CPS) over the years 1988 through 2001. Specifically, we link data for families with children who are interviewed in adjacent years and determine whether their economic circumstances either improved or deteriorated. We use two alternative approaches to address this general issue: a variety of regression models and a difference-in-differences methodology. These approaches provide consistent answers. In a bivariate framework TANF is associated with higher incomes; but this association becomes insignificant in the presence of business cycle controls. We also determine that children who were poor at an initial time period benefit differently, depending on their parents' educational attainment level. Poor children with parents who do not have a high school degree are significantly worse off in the TANF era, relative to the era prior to welfare reform, than are poor children of more educated parents.