Abstract:

Purpose of this research is to investigate the factors affecting the happiness levels of individuals living in Turkey and to follow the changes of these factors in two different periods comparatively. For this purpose, the data of the Life Satisfaction Survey applied by TURKSTAT used in two different periods by pooled in 2004-2012 and 2013-2019 and these datasets were estimated with the generalized ordered logit model. According to the findings of analysis, the common factors that increase the happiness of individuals in both periods are; having a high income, being married, working, being satisfied with health and monthly income, and feeling safe at home. In addition, in the 2013-2019 period, unlike the other period, the increase in income and saving had a positive effect on happiness, while consuming cheap products and borrowing negatively affected happiness. On the other hand, people living in the city and expecting a good life and financial situation in the future live more happily only in the 2004-2012 period.

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