According to the 2013 World Happiness Report, Turkey is in 77th place with a score of 5.345 among 156 countries, while overall happiness rate is 5.158. Due to Turkey’s place in the happiness ratings, measurement of subjective well-being gains importance for scientists and policy makers. For this purpose, this study investigates the relationship between life satisfaction and satisfaction in domains of life. This investigation has information about person’s satisfaction in five life domains which are finance, job, self, leisure activities and social relations. Thus, the study attempts to develop an ordinal logistic regression model to identify not only the relation between life satisfaction and satisfaction in domains of life but also relationship between overall life satisfaction and socio-economic variables using the data Turkey Income and Living Conditions Survey 2013. The estimation results indicate that finance domain affects positively subjective well-being more than any other domains. The coefficient of relative income is found significant in all domain specific estimations. Also, age and subjective well-being relation follows an inverted-U shape pattern with a peak around 42 years.
Benzer Makaleler | Yazar | # |
---|
Makale | Yazar | # |
---|