Surveying Transitional Experience and Subjective Well-Being: Income, Work, Family

Posted: 12 Mar 2012

See all articles by Ekaterina Selezneva

Ekaterina Selezneva

Osteuropa-Institut (OEI); Institute for Eastern and Southeastern Europe Research (IOS)

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Date Written: March 12, 2012

Abstract

This paper reviews subjective well-being studies on income, work and family life with particular attention to transition countries. The main differences in conclusions for two types of economic systems seem to be the result of uncertainty and fast changing conditions and their effect on the perception of subjective economic conditions and on expectations formation. The terms ‘happiness’ and ‘life satisfaction’ should be distinguished when evaluating the success of socio-economic policies or of a transformation period as well as when predicting the reaction of economic systems to shocks/crisis. A short summary for more than 70 studies involving subjective well-being and attitudes indicators on data from the economies in transition is included.

Keywords: life satisfaction, happiness, transition economies

JEL Classification: P29, J12, J28

Suggested Citation

Selezneva, Ekaterina, Surveying Transitional Experience and Subjective Well-Being: Income, Work, Family (March 12, 2012). Economic Systems, Vol. 35, No. 2, 2011, Available at SSRN: https://ssrn.com/abstract=2020248

Ekaterina Selezneva (Contact Author)

Osteuropa-Institut (OEI) ( email )

Landshuter Str. 4
93047 Regensburg
Germany

Institute for Eastern and Southeastern Europe Research (IOS) ( email )

Landshuter Str. 4
Regensburg, 93047
Germany

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