Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/283853 
Authors: 
Year of Publication: 
2022
Series/Report no.: 
LIS Working Paper Series No. 846
Publisher: 
Luxembourg Income Study (LIS), Luxembourg
Abstract: 
The present study uses benefit recipiency data and three dimensions of welfare transfers, namely, transfer share, low-income targeting, and universalism, to clarify the more detailed effects of social policies on subjective well-being and well-being inequality. This analysis utilizes benefit recipiency data from the Luxembourg Income Study Database, pooled data from the World Values Survey from 1981 to 2022, and a two-way fixed-effects model to explore the effects of these three dimensions of welfare transfers on life satisfaction and of the cross-level interactions of the welfare transfer variables and household income on life satisfaction. The results of this study indicate that (1) transfer share is positively associated with life satisfaction and (2) lowincome targeting shortens the well-being inequality stemming from income but at the cost of life satisfaction among rich individuals.
Subjects: 
welfare transfers
subjective well-being
well-being inequality
World Values Survey
cross-level interaction
two-way fixed-effects model
Document Type: 
Working Paper

Files in This Item:
File
Size
920 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.