Multi-Dimensional Approach to Subjective Well-Being: A Case Study: Ilam University Staff

Subject Areas : Labor and Demographic Economics

bagher darvishi ¹ , mehdi omidi ² , fereshteh esmat ³

1 - Assistant Professor of Economics, University of Ilam, Ilam, Iran, (Corresponding Author), email: [e-mail]
2 - Assistant Professor of Statistics, University of Ilam, Ilam, Iran, (Corresponding Author), email: [e-mail]
3 - MA in Economics, email: [e-mail]

Received: 2017-03-13 Accepted : 2017-03-13 Published : 2017-02-19

Keywords: C25, JEL Classification: C23, I31. Keywords: Subjective Well-Being, Satisfaction Measurement, Satisfaction from Life as a Whole,

Abstract :

The purpose of the paper is surveying multi-dimensional approach to subjective well-bein.by using Van Praag, et al (2003) model. Therefore, satisfaction from life has been modeled as a function of satisfactions in finance, job, health, habitation, leisure, and living environment and by COLS method, on the base of data from the questionnaire for a sample including 180 individuals of Ilam university’s faculty members and staff was estimated. The results show that satisfaction with life as a whole for the staff is also a function of finance, health and living environment satisfaction, while it is only a function of financial satisfaction for the faculty members. The results, also, suggest that in various life aspects, lack of satisfaction with life cannot be explained solely by income components. So, it is suggests to protective institutes that prohibit to solely welfare plans and instead of them, provide more comprehensive protective packages.    

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