Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/261335 
Year of Publication: 
2018
Citation: 
[Journal:] Sociológia / Slovak Sociological Review [ISSN:] 1336-8613 [Volume:] 50 [Issue:] 3 [Publisher:] Institute for Sociology, Slovak Academy of Sciences [Place:] Bratislava [Year:] 2018 [Pages:] 334-364
Publisher: 
Institute for Sociology, Slovak Academy of Sciences, Bratislava
Abstract: 
The primary objective of this study is to examine the relationship between economic characteristics and well-being as one of the components of quality of life. The study is based on microdata obtained from a representative EU-SILC 2013 survey covering the Slovak population age 16 and older. Subjective wellbeing is proxied by a score reflecting the general mood or affect, including depression, anxiety, and psychologic well-being. The estimated mean value of the total subjective wellbeing score is 70 (median: 73). The results presented in this study suggest that economic factors are strongly correlated with the level of subjective well-being. The findings propose positive and diminishing returns to income; unemployed people score on average approximately 9 points lower than those who are employed; people living in indebted households have a lower level of subjective well-being than those living in households without debts; and the ability to face unexpected financial expenses increases the level of well-being.
Subjects: 
Well-Being
EU-SILC
economic characteristics
Slovakia
JEL: 
I31
I30
Document Type: 
Article
Document Version: 
Published Version
Appears in Collections:

Files in This Item:
File
Size
812.98 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.