Subjective well-being indices in assessing happiness in Russia

Due to the multidimensionality and dynamism of today’s social life, there emerges the need to modify the principles of measuring the effectiveness of socio-economic policy. The article empirically tests and analyzes subjective metrics focused on “failures” in the socio-economic development which are...

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Main Authors: Lyudmila S. Skachkova, Olga Ya. Gerasimova, Darya D. Krivosheeva-Medyantseva
Format: Article
Language:English
Published: Ural State University of Economics 2024-11-01
Series:Управленец
Subjects:
Online Access:https://upravlenets.usue.ru/en/issues-2024/1706
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author Lyudmila S. Skachkova
Olga Ya. Gerasimova
Darya D. Krivosheeva-Medyantseva
author_facet Lyudmila S. Skachkova
Olga Ya. Gerasimova
Darya D. Krivosheeva-Medyantseva
author_sort Lyudmila S. Skachkova
collection DOAJ
description Due to the multidimensionality and dynamism of today’s social life, there emerges the need to modify the principles of measuring the effectiveness of socio-economic policy. The article empirically tests and analyzes subjective metrics focused on “failures” in the socio-economic development which are impossible to identify through objective indicators only. These metrics are the subjective well-being indices for the Russian population in terms of gender and age, residence (by federal districts), level of education, marital status, presence of children, subjective health assessments, job and pay satisfaction. The methodological framework resides in Edward Diener’s subjective well-being theory. The method of index numbers and methods of descriptive statistics, including the multivariate frequency distribution of two attributes, are applied. The evidence base is comprised of panel data of The Russia Longitudinal Monitoring Survey – Higher School of Economics (RLMS-HSE) for 2013–2022. According to the research results, the minimum and maximum values of the life satisfaction index were observed in 2016 and 2022, respectively. The affective index of happiness was found to reach higher values compared to the cognitive assessment of it. The findings show that gender, age, region of residence, level of education, as well as satisfaction with health, job, wage and financial status affect the values and dynamics of happiness indices in Russia. A well-being measurement approach covering both objective and sub jective assessments of people’s life and its individual aspects allows identifying gaps in the system of socio-economic support for the population.
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spelling doaj-art-79217495730d4f1da244ccb65baac5dc2025-01-07T09:55:05ZengUral State University of EconomicsУправленец2218-50032686-79232024-11-0115522110.29141/2218-5003-2024-15-5-1 Subjective well-being indices in assessing happiness in RussiaLyudmila S. Skachkova0Olga Ya. Gerasimova1Darya D. Krivosheeva-Medyantseva2Southern Federal University, Rostov-on-Don, Russia Southern Federal University, Rostov-on-Don, Russia Southern Federal University, Rostov-on-Don, Russia Due to the multidimensionality and dynamism of today’s social life, there emerges the need to modify the principles of measuring the effectiveness of socio-economic policy. The article empirically tests and analyzes subjective metrics focused on “failures” in the socio-economic development which are impossible to identify through objective indicators only. These metrics are the subjective well-being indices for the Russian population in terms of gender and age, residence (by federal districts), level of education, marital status, presence of children, subjective health assessments, job and pay satisfaction. The methodological framework resides in Edward Diener’s subjective well-being theory. The method of index numbers and methods of descriptive statistics, including the multivariate frequency distribution of two attributes, are applied. The evidence base is comprised of panel data of The Russia Longitudinal Monitoring Survey – Higher School of Economics (RLMS-HSE) for 2013–2022. According to the research results, the minimum and maximum values of the life satisfaction index were observed in 2016 and 2022, respectively. The affective index of happiness was found to reach higher values compared to the cognitive assessment of it. The findings show that gender, age, region of residence, level of education, as well as satisfaction with health, job, wage and financial status affect the values and dynamics of happiness indices in Russia. A well-being measurement approach covering both objective and sub jective assessments of people’s life and its individual aspects allows identifying gaps in the system of socio-economic support for the population.https://upravlenets.usue.ru/en/issues-2024/1706public administrationsubjective well-beingsocio-economic developmenthappinesslife satisfactionjob satisfactionwage satisfaction
spellingShingle Lyudmila S. Skachkova
Olga Ya. Gerasimova
Darya D. Krivosheeva-Medyantseva
Subjective well-being indices in assessing happiness in Russia
Управленец
public administration
subjective well-being
socio-economic development
happiness
life satisfaction
job satisfaction
wage satisfaction
title Subjective well-being indices in assessing happiness in Russia
title_full Subjective well-being indices in assessing happiness in Russia
title_fullStr Subjective well-being indices in assessing happiness in Russia
title_full_unstemmed Subjective well-being indices in assessing happiness in Russia
title_short Subjective well-being indices in assessing happiness in Russia
title_sort subjective well being indices in assessing happiness in russia
topic public administration
subjective well-being
socio-economic development
happiness
life satisfaction
job satisfaction
wage satisfaction
url https://upravlenets.usue.ru/en/issues-2024/1706
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AT olgayagerasimova subjectivewellbeingindicesinassessinghappinessinrussia
AT daryadkrivosheevamedyantseva subjectivewellbeingindicesinassessinghappinessinrussia