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Composition of families and subjective economic well-being: An application to Italian context

Author

Listed:
  • Maria Francesca Cracolici

    (University of Palermo)

  • Francesca Giambona

    (University of Palermo)

  • Miranda Cuffaro

    (University of Palermo)

Abstract

Using Italian data on Income and Living Conditions for the year 2005, the paper explores empirically whether the determinants of subjective economic well-being (SEW) differ (or not) in four representative typologies of households. By means of a Partial Proportional Ordered Logit Model the subjective economic well-being – proxied by the capacity of households to make ends meet – has been explored. Results highlight the variables acting on SEW, common to each typology, are related both to economic status (specifically, the capacity to pay taxes and to afford housing, clothes and holiday expenditures) and to socio-demographic status (specifically, the work-status and the highest level of education). A more in depth analysis, by level of education, shows the economic precariousness of some specific typologies, namely families with one person, with two or more children, and those whose respondent has a very low level of education.

Suggested Citation

  • Maria Francesca Cracolici & Francesca Giambona & Miranda Cuffaro, 2011. "Composition of families and subjective economic well-being: An application to Italian context," Working Papers 195, ECINEQ, Society for the Study of Economic Inequality.
    • Handle: RePEc:inq:inqwps:ecineq2011-195
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    File URL: http://www.ecineq.org/milano/WP/ECINEQ2011-195.pdf
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    References listed on IDEAS

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    1. Di Tommaso, Maria Laura, 2007. "Children capabilities: A structural equation model for India," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 36(3), pages 436-450, June.
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    3. Nanak Kakwani & Jacques Silber (ed.), 2008. "Quantitative Approaches to Multidimensional Poverty Measurement," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-58235-4, March.
    4. Bernard M. S. Praag & Ada Ferrer-i-Carbonell, 2008. "A Multidimensional Approach to Subjective Poverty," Palgrave Macmillan Books, in: Nanak Kakwani & Jacques Silber (ed.), Quantitative Approaches to Multidimensional Poverty Measurement, chapter 8, pages 135-154, Palgrave Macmillan.
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    Cited by:

    1. Chakravorty, Swastika & Goli, Srinivas, 2021. "Family Structure, Economic Outcomes and Perceived Change in Economic Well-being in India," OSF Preprints 23kvs, Center for Open Science.
    2. Giuseppina Guagnano & Elisabetta Santarelli & Isabella Santini, 2016. "Can Social Capital Affect Subjective Poverty in Europe? An Empirical Analysis Based on a Generalized Ordered Logit Model," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(2), pages 881-907, September.

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    Keywords

    Economic Well-being; Subjective Approach; Ordered Logit Model;
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