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https://doi.org/10.21256/zhaw-29801| Publication type: | Working paper – expertise – study |
| Title: | Does trust in political institutions affect life satisfaction? : evidence from the ESS longitudinal survey |
| Authors: | Bachmann, Oliver Brülisauer, Daniel Paurevic, Valentin Seiberlich, Ruben |
| et. al: | No |
| DOI: | 10.21256/zhaw-29801 |
| Extent: | 23 |
| Issue Date: | Nov-2023 |
| Series: | Department Banking, Finance, Insurance Working Paper Series |
| Series volume: | 3 |
| Publisher / Ed. Institution: | ZHAW Zürcher Hochschule für Angewandte Wissenschaften |
| Publisher / Ed. Institution: | Winterthur |
| Language: | English |
| Subjects: | Life satisfaction; Political institution; Trust; (Logistic) regression analysis |
| Subject (DDC): | 150: Psychology 320: Politics |
| Abstract: | The determinants of life satisfaction have been the subject of academic research for decades. Several studies show the impact of, for example, age, income, or health. Controlling for demographic, personal factors, and economic factors we extend the existing literature by examining how trust in political institutions affects people’s life satisfaction. Our results indicate that trust in political institutions significantly increases the level of life satisfaction. Using logistic regressions, we also examine how trust impacts the probability of being satisfied with life and find that the probability of being satisfied with life increases by about 3.9 percentage points for each unit of trust. Moreover, we show that people living in Western Europe are, on average, more satisfied with life and confirm the U-shaped functional form of the dependence of life satisfaction on age described in the literature. Our results are robust with respect to different specifications. |
| URI: | https://digitalcollection.zhaw.ch/handle/11475/29801 |
| License (according to publishing contract): | Not specified |
| Departement: | School of Management and Law |
| Organisational Unit: | Institute of Wealth & Asset Management (IWA) |
| Appears in collections: | Banking, Finance, Insurance |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| 2023_Bachmann-etal_Trust-in-political-institutions-and-life-satisfaction.pdf | 542.58 kB | Adobe PDF |  View/Open |
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Bachmann, O., Brülisauer, D., Paurevic, V., & Seiberlich, R. (2023). Does trust in political institutions affect life satisfaction? : evidence from the ESS longitudinal survey. ZHAW Zürcher Hochschule für Angewandte Wissenschaften. https://doi.org/10.21256/zhaw-29801
Bachmann, O. et al. (2023) Does trust in political institutions affect life satisfaction? : evidence from the ESS longitudinal survey. Winterthur: ZHAW Zürcher Hochschule für Angewandte Wissenschaften. Available at: https://doi.org/10.21256/zhaw-29801.
O. Bachmann, D. Brülisauer, V. Paurevic, and R. Seiberlich, “Does trust in political institutions affect life satisfaction? : evidence from the ESS longitudinal survey,” ZHAW Zürcher Hochschule für Angewandte Wissenschaften, Winterthur, Nov. 2023. doi: 10.21256/zhaw-29801.
BACHMANN, Oliver, Daniel BRÜLISAUER, Valentin PAUREVIC und Ruben SEIBERLICH, 2023. Does trust in political institutions affect life satisfaction? : evidence from the ESS longitudinal survey. Winterthur: ZHAW Zürcher Hochschule für Angewandte Wissenschaften
Bachmann, Oliver, Daniel Brülisauer, Valentin Paurevic, and Ruben Seiberlich. 2023. “Does Trust in Political Institutions Affect Life Satisfaction? : Evidence from the ESS Longitudinal Survey.” Winterthur: ZHAW Zürcher Hochschule für Angewandte Wissenschaften. https://doi.org/10.21256/zhaw-29801.
Bachmann, Oliver, et al. Does Trust in Political Institutions Affect Life Satisfaction? : Evidence from the ESS Longitudinal Survey. ZHAW Zürcher Hochschule für Angewandte Wissenschaften, Nov. 2023, https://doi.org/10.21256/zhaw-29801.
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