Life Satisfaction in Italy: Evidence from the ISAE Consumers Survey

IASE Working Paper No. 121

37 Pages Posted: 29 Nov 2009

See all articles by Marco Malgarini

Marco Malgarini

ISAE, Istituto di Studi e Analisi Economica

Maurizio Pugno

University of Cassino - Department of Economics and Law

Gennaro Zezza

University of Cassino - Department of Economics; Bard College - The Levy Economics Institute

Date Written: November 2009

Abstract

Self-reported life satisfaction (SRS) in Italy has started to decline well before the current crisis. This paper explores the relationship between SRS and quality of life in Italy, using the ISAE data-base on households. SRS was surveyed on 2000 individuals in May 2008, November 2008 and April 2009. Three main results can be drawn; first, SRS has not significantly changed during the last 6 months. Second, moving to a different socio-economic group has a greater impact on SRS than changing income within the same group. Third, measures of financial stress such as debt, willingness to work and earn more, and problems meeting basic household expenses, prove to explain SRS in addition to income.

Keywords: perceived happiness, well being, households

JEL Classification: D12, D31, I31

Suggested Citation

Malgarini, Marco and Pugno, Maurizio and Zezza, Gennaro, Life Satisfaction in Italy: Evidence from the ISAE Consumers Survey (November 2009). IASE Working Paper No. 121. Available at SSRN: https://ssrn.com/abstract=1513291 or http://dx.doi.org/10.2139/ssrn.1513291

Marco Malgarini (Contact Author)

ISAE, Istituto di Studi e Analisi Economica ( email )

Piazza dell' Indipendenza 4
I-00185
Italy

Maurizio Pugno

University of Cassino - Department of Economics and Law ( email )

Campus Folcara
Cassino, Frosinone 03034
Italy

HOME PAGE: http://mauriziopugno.com/en/

Gennaro Zezza

University of Cassino - Department of Economics ( email )

Cassino
Italy

HOME PAGE: http://gennaro.zezza.it

Bard College - The Levy Economics Institute ( email )

Blithewood
Annandale-on-Hudson, NY 12504-5000
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
35
Abstract Views
304
PlumX Metrics