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Analysis of life satisfaction of the elderly population on the example of Sweden, Austria and Germany

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  • Rosa Zh. Kutubaeva

    (McKinsey & Company, Moscow, Russia)

Abstract

Under the conditions of population ageing, particular interest is paid to the study of life satisfaction in older ages. The purpose of the article is to assess the level of life satisfaction of the population in old age. The main method is econometric modelling using individual data from the Study of Health, Ageing and Retirement in Europe (SHARE). According to the results of the study, ageing itself does not necessarily worsen one's perception of life - there is no evidence from Austria and Spain that all people systematically, regardless of the year of birth, go through a stage of a lower level of life satisfaction. An important factor of life satisfaction is health self-assessment.

Suggested Citation

  • Rosa Zh. Kutubaeva, 2019. "Analysis of life satisfaction of the elderly population on the example of Sweden, Austria and Germany," Population and Economics, ARPHA Platform, vol. 3(3), pages 102-116, September.
    • Handle: RePEc:arh:jpopec:v:3:y:2019:i:3:p:102-116
    DOI: 10.3897/popecon.3.e47192
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    References listed on IDEAS

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    1. Andrew E. Clark, 2019. "Born to Be Mild? Cohort Effects Don’t (Fully) Explain Why Well-Being Is U-Shaped in Age," Springer Books, in: Mariano Rojas (ed.), The Economics of Happiness, chapter 0, pages 387-408, Springer.
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    Cited by:

    1. Aileen Joyce J Lim & Mary Rachelle R Wapano, Ph.D, 2021. "Basic Psychological Needs, Depression, and Life Satisfaction among the Elderly," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(12), pages 62-67, December.
    2. Kenneth Owusu Ansah & Nutifafa Eugene Yaw Dey & Abigail Esinam Adade & Pascal Agbadi, 2022. "Determinants of life satisfaction among Ghanaians aged 15 to 49 years: A further analysis of the 2017/2018 Multiple Cluster Indicator Survey," PLOS ONE, Public Library of Science, vol. 17(1), pages 1-18, January.

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    More about this item

    Keywords

    life satisfaction; health self-assessment; elderly age; ageing; cohort effect; panel data; SHARE;
    All these keywords.

    JEL classification:

    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • J1 - Labor and Demographic Economics - - Demographic Economics

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