Surveying Transitional Experience and Subjective Well-Being: Income, Work, Family
February 1, 2010
Economic Systems, Forthcoming
Osteuropa-Institut Munchen Working Paper No. 279
Subjective well-being patterns found for developed economies do not always valid for the economies in transition. This paper overviews happiness and satisfaction studies on income, work and family life domains with a particular attention to those on transitional countries. While there is a range of similarities in conclusions for two types of economies, the main differences seems to be a result of uncertainty and fast changing conditions in transitional settings. The terms ‘happiness’ and ‘life satisfaction’ should be distinguished, when evaluating the successfulness of transformational period and socio-economic policies. A short summary for 76 studies involving subjective indicators on data from the economies in transition is included.
Number of Pages in PDF File: 58
Keywords: Life Satisfaction, Happiness, Transition Economies
JEL Classification: P29, J12, J28
Date posted: October 30, 2010
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