Does happiness pay? An exploration based on panel data from Russia

Article Abstract:

The stable levels of happiness of an individual are subject to short-term fluctuations. Some of the elements of happiness are behaviorally driven and others are determined by socioeconomic and demographic variables. The findings from the Russia Longitudinal Monitoring Survey (RLMS) show that as countries grow wealthier the average happiness levels do not increase after certain minimum levels of per capita income. Self-esteem and optimism likely influence individual's wealth and health.

Happiness, Personal income

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Trust, voluntary cooperation, and socio-economic background: survey and experimental evidence

Article Abstract:

The combination of experimental results and the General Social Survey data is presented to examine the impact of trust on willingness to cooperate in a socio-economic background in rural and urban Russia. The results indicated that socioeconomic measures affected trust attitudes but not on cooperative decisions.

Surveys, Social economics, Socioeconomics, Trust (Psychology)

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Rich and powerful? Subjective power and welfare in Russia

Article Abstract:

The relationship between empowerment and higher economic welfare is examined from survey data on Russian adults. It is found that subject to heterogeneity in other factors, the higher individual and household incomes are directly proportionate to both self-rated power and economic welfare.

Economic aspects, Russians, Power (Philosophy)

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