Impact of Income Distribution on Social and Economic Well-Being of the State

Bilan, Yuriy; Mishchuk, Halyna; Samoliuk, Natalia; Yurchyk, Halyna

doi:10.3390/su12010429

Cited by 77 publications

(58 citation statements)

References 38 publications

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“…According to the regression results, the confidence degrees of households' members for the future (positive expectations) can significantly increase resident happiness. Such results are in line with other studies on well-being, which stress positive links between job satisfaction and overall well-being [68], subjective assessments of stability within the concept of holistic well-being [69], and the impact of the social system on the perception of well-being [70].…”

Section: Discussionsupporting

confidence: 91%

Assessment of Resident Happiness under Uncertainty of Economic Policies: Empirical Evidences from China

et al. 2020

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The main aim of sustainable development is to increase the quality of life and resident happiness as the latter is one of the most important indicators for the assessment of quality of life. However, due to the uncertainty of economic policies, it will not only have a direct impact on resident well-being but may also indirectly affect resident well-being through specific channels. The economic policies are aimed at the achievement of sustainable development, therefore it is very important to investigate the influences of the uncertainty of economic policies on resident happiness. This allows to assess the sustainability of policies in terms of their inputs to the quality of life. The direct impact of economic policy uncertainty on resident well-being and the mediating effects of household asset allocation and the expectation on the above influencing relationship were analyzed based on the uncertainty index of China’s economic policies and households database of China Family Panel Studies (CFPS) during the period 2010–2018, so as to clarify the complete path of economic policy uncertainty affecting resident happiness. Results show that the uncertainty of economic policy significantly reduces resident happiness. In the context of the uncertainty of economic policies, families can relieve such negative impacts as an increasing proportion of financial assets in their total assets. However, decreases in asset shares for household consumer goods and future expectation obviously lower resident happiness. The research conclusions provide important input in research on the influences of the uncertainty of economic policy on the quality of life and offer new evidences for the development of “happiness economics”.

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Section: Discussionsupporting

confidence: 91%

Assessment of Resident Happiness under Uncertainty of Economic Policies: Empirical Evidences from China

et al. 2020

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“…Thus, Hungary could follow the footsteps of those countries that have included sustainability in their dietary guidelines [5,8,26,27]. The further investigations in the field should be devoted to development of research of links between diet nutrition and quality of life, particularly poverty, and overall well-being as one of the key features of sustainable development, defined in [60][61][62].…”

Section: Discussionmentioning

confidence: 99%

Is the Sustainable Choice a Healthy Choice?—Water Footprint Consequence of Changing Dietary Patterns

et al. 2020

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It is evident that the modification of dietary patterns is a necessary precondition of disease prevention and health improvement. Changing nutritional habits also has deep-rooted consequences on the environmental burden. The majority of similar previous studies have analyzed the change in greenhouse gas emissions against theoretical modifications in current food consumption. The analysis on the effect of diet on the water footprint is also gaining in importance, since water supply is a critical global issue. Based on current nutritional patterns of a Central European country—Hungary—as well as dietary recommendations and scientific literature, we generated six dietary scenarios and determined the consequences of these on green (originally from precipitation) and blue (sourced from surface or groundwater) water consumption and dietary quality. Compared to the baseline scenario (current local nutritional pattern) of both genders, based on the integrated aspect of water footprint and dietary quality, the most disadvantageous scenario was the ketogenic (ca. −2% in dietary quality, +18% in blue water footprint, and +16% in green water footprint) and the most advantageous was the sustainable scenario (ca. +9% in dietary quality, −42% in green water footprint, and −29% in blue water footprint). As a summary it can be stated, that (1) there is no clear linear relationship between the “healthiness” and water footprint of different diets, but (2) a more balanced diet, which integrates nutritional and environmental considerations could decrease the environmental burden in an efficient way.

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“…In particular, the professional scepticism relating to the sustainability of the decade of consolidation after the crisis (Csaba, 2019), and the concerns about the sustainability of the operation of Hungarian enterprises, which are potential philanthropists, (Mihályi & Szelényi, 2019) cast a shadow over the functionality and strengthening of the private sector and the civil society organisations developing from the latter. At the same time, it is a fact that the income positions of the national economy and households improved over the past decade (Matolcsy, 2016), which in turn creates reliable basis for wellbeing increase and overall socioeconomic prosperity of the state (Bilan et al, 2020). However, the country-specific features arising from relatively insufficient development have determined the frames for civil society organisations up to this date: in this framework, the non-profit organisations associated with the central bank and with commercial banks predominate, while there is a chronic deficit in foundations relying on private capital, and thus absolute philanthropy.…”

Section: Literature Reviewmentioning

confidence: 99%

Innovative solutions in the development of households’ financial awareness: A Hungarian example

Sági¹,

Vasa²,

Lentner³

2020

Economics &Amp; Sociology

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Financial crises put stress on the society of the country of our investigation, whose financial vulnerability is raising from high indebtedness, a history of defaulted loans, and an insufficient level of financial literacy. In this context, financial awareness has been recognised as a means for decreasing households' exposure to financial difficulties, bridging crisis periods with the substantial precautionary holding of liquid assets, and improving their well-being over longer periods of time. Raising financial awareness is a crucial policy aim, and has been investigated in this study as well. A questionnaire survey was completed by Hungarian university students across different majors, to assess the financial literacy level of the responders from their own perspective. In addition to this, we have investigated their e-banking habits. According to our findings, different student groups (clusters) have been identified by means of Ward analysis (where the significance of clusters were tested by ANOVA). Our results confirm that across all clusters the university students place their trust in non-governmental organisations and central bank foundations rather than those of the financial institutions in evolving financial literacy. This outcome of our study may provide an argument for designing policy incentives for raising financial awareness in an institutionalised way, relying on the role of the privately funded NGOs and on the central bank.

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Impact of Income Distribution on Social and Economic Well-Being of the State

Cited by 77 publications

References 38 publications

Assessment of Resident Happiness under Uncertainty of Economic Policies: Empirical Evidences from China

Assessment of Resident Happiness under Uncertainty of Economic Policies: Empirical Evidences from China

Is the Sustainable Choice a Healthy Choice?—Water Footprint Consequence of Changing Dietary Patterns

Innovative solutions in the development of households’ financial awareness: A Hungarian example

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