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Erscheinungsjahr: 
2000
Schriftenreihe/Nr.: 
CESifo Working Paper No. 246
Verlag: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Zusammenfassung: 
A cross-regional econometric analysis suggests that institutional factors in the form of direct democracy (via initiatives and referenda) and of federal structure (local autonomy) systematically and sizeably raise s elf-reported individual well-being. This positive effect can be attributed to political outcomes closer to voters' preferences, as well as to the procedural utility of political participation. Moreover, the results of standard microeconometric well-bein g functions previously published for other countries are generally supported. Unemployment has a strongly depressing effect on happiness. A higher income level raises happiness, however, only to a small extent.
Schlagwörter: 
Subjective well-being
institutions
direct democracy
unemployment
Dokumentart: 
Working Paper
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