How much should we trust life satisfaction data? Evidence from the Life in Transition Survey |
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| Institution: | 1. Warsaw School of Economics and Institute for Structural Research, Poland\n;2. Centre for Economic Performance, London School of Economics and Political Science, United Kingdom\n;3. Dipartimento di Economia e Finanza, Università Cattolica di Milano, Italy and Centre for Research in Economic Analysis, Université du Luxembourg, Luxembourg;1. Université de Limoges, LAPE, Limoges, France;2. University of Birmingham, Department of Economics, Birmingham, UK;1. School of Economics and Business, University of Sarajevo, Trg oslobođenja, Sarajevo, Bosnia and Herzegovina;2. Staffordshire University Business School, Leek road, Stoke-on-Trent, UK;3. Staffordshire University Business School, Leek road, Stoke-on-Trent, UK;1. PSSRU, CHSS, University of Kent, Canterbury, UK;2. TDC Group, Copenhagen, Denmark;3. George Mason University, Virginia, USA |
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| Abstract: | We analyse responses to two similar life satisfaction questions asked at different points in the same wave of a major cross-country household survey covering the transition region, Turkey and five Western European countries. We show that while the answers to the two questions are broadly consistent for most people, the responses for some groups differ significantly. Respondents of a lower socio-economic status and with a more favourable parental background show systematically higher levels of self-reported satisfaction in the later question. We also find evidence that responses to the later question are influenced by preceding questions on social capital. Our results have important implications for the design and length of household surveys that contain subjective questions. |
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