The structure of subjective well-being: a vector autoregressive approach

Binder, Martin and Ward, Felix (2013) The structure of subjective well-being: a vector autoregressive approach. Metroeconomica, 64 (2). pp. 361-400. ISSN 0026-1386

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We use panel vector autoregressions to analyze the underlying structure of changes in subjective well-being and its coevolution with changes in income, health, worries, marital status and employment status for the German Socio-Economic Panel (SOEP) data set. We find that positive changes in the named life domains are followed by decreases in subjective well-being (except for health, which is followed by well-being increases). Positive changes in well-being are followed by positive changes in most life domains. We also examine how the structure of subjective well-being differs with respect to different Big Five personality traits.

Item Type: Article
Schools and Departments: University of Sussex Business School > SPRU - Science Policy Research Unit
Subjects: H Social Sciences
Depositing User: Martin Binder
Date Deposited: 22 Feb 2013 16:53
Last Modified: 03 Apr 2013 10:59
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