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Is subjective wellbeing related to trust? An empirical evidence of selected countries and regions

Author

Listed:
  • Tiiu Paas
  • Veronika Kuranova

Abstract

Economic growth and improvement of citizens? wellbeing are obligate targets of economic, social and institutional development of all countries and their governments. At the same time empirical evidence often shows that economic growth and increase of people?s income do not always have outcomes indicating that individual?s wellbeing has been improved. There are several non-economic and economic determinants of subjective well-being and knowing them is unavoidable in order to formulate and achieve targets for improvement of people?s wellbeing.

Suggested Citation

  • Tiiu Paas & Veronika Kuranova, 2015. "Is subjective wellbeing related to trust? An empirical evidence of selected countries and regions," ERSA conference papers ersa15p963, European Regional Science Association.
    • Handle: RePEc:wiw:wiwrsa:ersa15p963
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    File URL: https://www-sre.wu.ac.at/ersa/ersaconfs/ersa15/e150825aFinal00963.pdf
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    More about this item

    Keywords

    subjective wellbeing; economic development; trust; institutions;
    All these keywords.

    JEL classification:

    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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