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Titel
Alternative values-based 'Recipes' for life satisfaction: German results with an Australian replication / Bruce Headey (Melbourne Institute, Melbourne University), Gert G. Wagner (MPIB, DIW Berlin and IZA) ; IZA Institute of Labor Economics
VerfasserHeadey, Bruce ; Wagner, Gert G.
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, September 2018
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Elektronische Ressource
Umfang1 Online-Ressource (59 Seiten) : Diagramme
SerieDiscussion paper ; no. 11818
URNurn:nbn:de:hbz:5:2-166089 
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 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
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Alternative values-based 'Recipes' for life satisfaction: German results with an Australian replication [0.36 mb]
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Zusammenfassung (Englisch)

In most research on Life Satisfaction (LS), it is assumed that the covariates of high and low LS are the same for everyone, or at least everyone in the West. In this paper, analysing data from the German Socio-Economic Panel, with a limited replication based on Australian panel data, we estimate models of alternative 'recipes' for LS. There appear to be at least four distinct 'recipes', which are primarily based on the values of different population sub-sets. These values are: altruistic values, family values, materialistic values and religious values. By a 'recipe' for LS we mean a linked set of values, behavioural choices and domain satisfactions, which appear to be held together by a persons values, and which prove to have substantial effects on LS. Our German and Australian evidence indicates that individuals who follow recipes based on altruistic, family or religious values record above average long term LS, whereas the materialistic values 'recipe' is associated with below average LS.

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