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This paper offers elaborate analyses regarding the effects of social- as well as institutional trust as parts of social capital on subjective well-being (SWB) by using data from the European Social Survey, including 36 countries and eight time-points between 2002 and 2016. We analyze (1) The development of trust and SWB on the aggregate level; (2) The effect of trust on SWB on the individual cross-sectional level; and (3) The longitudinal and cross-sectional effect of trust on SWB on the aggregate level while considering control variables based on previous research. We observe a weak positive trend regarding social trust as well as SWB over time, but no significant change in institutional trust. However, trends are far from homogeneous across countries. In accordance to previous studies, we find a positive effect of social trust on SWB. This effect holds on the individual cross-sectional level for every participating country, but also on the longitudinal level. In view of institutional trust, we see a positive effect on SWB on the individual and aggregate cross-sectional level, but not over time. Thus, this study particularly sheds new light on this relation, indicating that it´s cross-sectional relation is due to confounding variables. Moreover, we observe no relation between economic growth and SWB after controlling for unemployment, but a positive effect of decreasing unemployment and inflation on SWB. Our data suggests that establishing an environment with high social trust across Europe would be rewarded with a happy society. [ABSTRACT FROM AUTHOR]

Welfare-state regimes achieve different outcomes in dealing with social inequalities. For example, the social democratic or Scandinavian welfare-state regime is often considered as the most egalitarian with a high social transfer rate and a comparably low level of income inequality. While most research on welfare-state regimes focuses on objective indicators of quality of life and inequalities, we are interested in how citizens actually evaluate their lives, using subjective well-being (SWB) as an indicator. The paper deals with two research questions: (1) How does the welfare-state regime affect subjective well-being, and (2) does the welfare-state regime influence the effect of status on SWB? Status is an essential first-order goal to produce subjective well-being according to the social production theory of Lindenberg and colleagues (Ormel et al. 1999), but is also linked to many other instrumental goals such as comfort and stimulation. The study carries out a multilevel analysis using pooled European Social Survey data from the years 2002-2012, covering more than 30 European countries. While we first look at how status drives SWB levels in different welfare-state regimes as classified by Esping-Andersen 1990, 1999), our focus is mainly on cross-level interactions between welfare-state regime type and the relationship between status and SWB. Our results provide evidence that social-democratic welfare-state regimes not only provide for living standards that are associated with the highest SWB levels, but also compensate best for status differences in SWB compared to other welfare-state regimes. [ABSTRACT FROM AUTHOR]

This study analyses the relationship between subjective and objective measures of well-being in selected European countries using the data of the European Community Household Panel (ECHP). In the first part of the paper, we develop a random-effect ordered probit model, separately for each country, relating the subjective measure of income satisfaction to actual income, and controlling for some individual and household socio-demographic fixed effects. In the second part of the paper, we fit a Bayesian cross-classified multilevel model, in order to control for intra-family correlation in subjective well-being, which actually appears to be present. [ABSTRACT FROM AUTHOR]

In this paper we suggest a way to measure the well-being of society based upon our own development of the Social Quality model. The Social Quality model has the advantage of being sociologically grounded as a measure of the well-being of society and the individuals within it. We test our model of Social Quality against life satisfaction as an indicator of how successful it is in delivering these aspirations. The model was tested on all European countries using the European Quality of Life Surveys in 2003 and 2007 and was found to explain a large amount of variance, which was consistent across time and space. We suggest that it is possible to operationalise this model using small number of variables, ones that are frequently used in comparative surveys and this should enable the quality of society to be measured in a parsimonious and effective way. [ABSTRACT FROM AUTHOR]

This paper aims at investigating empirically the relationship between self-declared satisfaction with life and an individual's well-being as measured by the indices of deprivation and social exclusion proposed in the income distribution literature. Results on European countries show that life satisfaction decreases with an increase in deprivation and exclusion after controlling for individual's income, relative income and other influential factors in a multivariate setting. [ABSTRACT FROM AUTHOR]