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Schimmack, U. Measuring Wellbeing in the SOEP. Journal of Contextual Economics – Schmollers Jahrbuch, 129(2), 241-249. https://doi.org/10.3790/schm.129.2.241
Schimmack, Ulrich "Measuring Wellbeing in the SOEP" Journal of Contextual Economics – Schmollers Jahrbuch 129.2, 2009, 241-249. https://doi.org/10.3790/schm.129.2.241
Schimmack, Ulrich (2009): Measuring Wellbeing in the SOEP, in: Journal of Contextual Economics – Schmollers Jahrbuch, vol. 129, iss. 2, 241-249, [online] https://doi.org/10.3790/schm.129.2.241

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Measuring Wellbeing in the SOEP

Schimmack, Ulrich

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 129 (2009), Iss. 2 : pp. 241–249

22 Citations (CrossRef)

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Ulrich Schimmack, University of Toronto Mississauga, Department of Psychology, 3359 Mississauga Road North, Mississauga, Ontario, L5L 1C6, Canada.

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Abstract

I define wellbeing as preference realization. Wellbeing can be measured with affective (the amount of pleasant versus unpleasant experiences) and cognitive (satisfaction with life in general and life domains) measures. Since its inception 25 years ago, the SOEP has included cognitive measures of wellbeing. In 2007, the SOEP included four items (happy, sad, angry, afraid) as an affective measure of wellbeing. This paper examines similarities and differences between cognitive and affective measures of wellbeing. In the end, I propose a wellbeing index that combines information from measures of life satisfaction, average domain satisfaction and affect balance.