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What Are the Factors Influencing Subjective Life Satisfaction? A Case Study of Germany Using the World Value Survey

Titel: What Are the Factors Influencing Subjective Life Satisfaction? A Case Study of Germany Using the World Value Survey

Fallstudie , 2019 , 22 Seiten , Note: 1.3

Autor:in: Bikal Dhungel (Autor:in)

VWL - Gesundheitsökonomie
Leseprobe & Details   Blick ins Buch
Zusammenfassung Leseprobe Details

Life satisfaction is considered to be a primary goal of an individual and of a welfare-state. This paper will analyse the experiences in Germany from 2010 to 2014 with the data collected through random sampling method for World Value Survey.

Due to the limited scope of this paper, the below mentioned variables to analyse this in German case are included. In the first part, the author will do a literature review of the topic followed by detailed information about data and methodology. After running the linear regression model, the author will interpret the results generated and finally move to an discussion as well as a conclusion.

Leseprobe


Table of Contents

1. Introduction

2. Literature Review

3. Data Methodology and Measurement

4. Statistical Analysis

5. Results

6. Discussion

7. References

8. Appendix

Objectives and Topics

This research aims to analyze the factors influencing subjective life satisfaction in Germany using data from the World Value Survey conducted between 2010 and 2014, specifically examining how various socio-economic and demographic variables correlate with an individual's reported happiness.

  • The influence of financial satisfaction on overall life well-being.
  • The role of health status as a determinant of life satisfaction.
  • The impact of education level attained on subjective happiness.
  • The correlation between political stance and life satisfaction.
  • The role of demographic factors like age and gender in shaping life satisfaction.

Excerpt from the Book

Introduction

Life satisfaction is considered to be a primary goal of an individual and of a welfare-state. This goal was first proposed by Jeremy Bentham in 1789 with his theory of Utilitarianism which means ‘greater happiness for a greater number’. Bentham believed that a state should aim to maximize the level of satisfaction of its citizens because satisfaction is a result of various aspects such as good economic system, social welfare, peace, education etc. This theory has been a very influential one and is still relevant today. Countries place a great value in making its citizens happy and satisfied. Although it has not been employed everywhere, and although social and economic issues exists, places such as Denmark, Finland, Norway have achieved a great success in this matter and rank among the happiest countries.

Social, Political, Environmental and other policies of these countries have been envied by others. In Nordic countries plus few European countries, social trust is high, inequality is low, economic development is high, environmental standards are high, people enjoy free education and other index are at finest levels. This, combined, has led to life satisfaction and happiness of the people. With this, it can be concluded that life satisfaction is a multi-dimensional concept and is a result of multiple factors mentioned above. It is also affected by various socio-economic and biological factors. A dramatic change in economic well-being will influence the level. So, it is important to keep these factors in its best form. Hence, interest of researchers to study life satisfaction is obvious and this has led to rich publications around this topic.

Summary of Chapters

1. Introduction: Introduces the concept of life satisfaction through the lens of Utilitarianism and outlines the study's focus on Germany using World Value Survey data.

2. Literature Review: Examines existing research regarding how factors like income, education, age, and gender influence subjective well-being across different populations.

3. Data Methodology and Measurement: Describes the dataset, variables, and the linear regression model used to analyze the collected survey data.

4. Statistical Analysis: Outlines the specific analytical techniques, including frequency analysis, correlation, and regression, applied to the variables.

5. Results: Presents the statistical findings and baseline information derived from the survey data of the German participants.

6. Discussion: Interprets the regression results in the context of German socio-economic policy and compares them with previous academic findings.

7. References: Lists the academic sources and data reports cited throughout the essay.

8. Appendix: Provides detailed frequency tables and supplemental statistical data used in the analysis.

Keywords

Life satisfaction, Subjective well-being, Germany, World Value Survey, Financial satisfaction, Health status, Education, Political stance, Regression analysis, Utilitarianism, Socio-economic factors, Demographic variables, Happiness, Welfare state, Economic development.

Frequently Asked Questions

What is the core focus of this research?

The research focuses on assessing the various factors that influence the subjective life satisfaction of individuals living in Germany, specifically utilizing data from the 2010-2014 World Value Survey.

What are the central thematic areas covered in the study?

The study covers themes such as the correlation between life satisfaction and financial status, the impact of the healthcare system, the role of education, and the influence of demographic and political factors.

What is the primary research goal?

The primary goal is to determine which socio-economic and personal variables have the most significant statistical impact on how German citizens perceive their own life satisfaction.

Which scientific methodology is applied?

The author employs a quantitative approach, utilizing descriptive analysis, bivariate correlation, and a linear regression model processed through SPSS software.

What does the main body of the paper explore?

The main body explores the literature on well-being, details the dataset and methodology, presents the empirical results of the regression model, and discusses the implications for German social and health policy.

How would you characterize the key variables of the work?

The work is characterized by variables like 'Satisfaction with Financial Situation', 'Health Status', 'Education Level', 'Political Stance', 'Age', and 'Gender' as predictors for the dependent variable 'Life Satisfaction'.

How significant is the relationship between health and life satisfaction in Germany?

The results show a strong, significant positive relationship, confirming that health is a primary pillar contributing to the individual's overall well-being in the German context.

Why was Germany specifically chosen for this analysis?

Germany was chosen due to its unique recent economic and societal development, as well as the researcher's specific academic interest in the country's welfare and social structure.

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Details

Titel
What Are the Factors Influencing Subjective Life Satisfaction? A Case Study of Germany Using the World Value Survey
Hochschule
University College Cork  (School of Business)
Note
1.3
Autor
Bikal Dhungel (Autor:in)
Erscheinungsjahr
2019
Seiten
22
Katalognummer
V492347
ISBN (eBook)
9783668996731
ISBN (Buch)
9783668996748
Sprache
Englisch
Schlagworte
Life Satisfaction in Germany Life Satisfaction German Life Satisfaction World Value Survey World Value Survey Germany Subjective Life Satisfaction Assessment of Life Satisfaction
Produktsicherheit
GRIN Publishing GmbH
Arbeit zitieren
Bikal Dhungel (Autor:in), 2019, What Are the Factors Influencing Subjective Life Satisfaction? A Case Study of Germany Using the World Value Survey, München, GRIN Verlag, https://www.grin.com/document/492347
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