Life Satisfaction and Education in South Africa: Investigating the Role of Attainment and the Likelihood of Education as a Positional Good

Botha, Ferdi

doi:10.1007/s11205-013-0452-2

Cited by 31 publications

(35 citation statements)

References 40 publications

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“…The relative argument states that the effect of income or other resources is based on changeable standards typically derived from expectations, social comparisons and habits. Positional status indicates that there is a positive association that can be obtained between life satisfaction and perceived relative income, as supported in the viewpoint in international and South African research (Easterlin, 1995:35-48;2001:465-484;Posel & Casale, 2011:195-223;Botha, 2013). From previous research studies conducted by Diener et al (1985) within countries, a small positive relationship was found between income and SWL.…”

Section: Literature Reviewmentioning

confidence: 64%

The Influence of Demographic Factors on South African Investors' Life Satisfaction

Ferreira¹

2018

Proceedings of the 39th International Academic Conference, Amsterdam

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Satisfaction with life is not always a set concept and may vary according to the demography of investors. Demographical factors can classify investors into various categories of life satisfaction, which can ultimately impact investment decisions. The level of life satisfaction can influence investment by causing a deviation between expected and actual investment choices. Gender can be grouped between males and females with different investment decisions based on each group's satisfaction with life.The aim of this study is to determine the satisfaction with life of investors considering their gender, age group, ethnicity, income group and marital status. The results of the study show that male investors are more likely to have a positive life satisfaction and make optimistic investment choices compared to female investors. Investors who are older than 50 years of age, married or earn more than R700 000 annually are more likely to have a positive life satisfaction and make more optimistic investment choices, while investors with a negative life satisfaction are more likely to make pessimistic investment choices.

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Section: Literature Reviewmentioning

confidence: 64%

The Influence of Demographic Factors on South African Investors' Life Satisfaction

Ferreira¹

2018

Proceedings of the 39th International Academic Conference, Amsterdam

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“…This information is the basis of the dummy variable HighIncome, which is equal to 1 for respondents who rated themselves in income bracket 6 or above in comparison with other Egyptians. Given Perovic's (2010) finding that income has a positive impact on the life satisfaction of Croatians, combined with Botha's (2014) estimates suggesting a similarly positive relationship for South Africans, we expect the value of b 1 to exceed zero.…”

Section: Data and Conceptual Modelmentioning

confidence: 94%

“…Sanfey and Teksoz () find, similarly, that although the more educated experience greater happiness, those living in transition countries are generally less happy than those living in more advanced economies. Lastly, based on data from Croatia, Perovic () finds that higher education, income and wealth have positive impacts on life satisfaction, while Botha (), using a 2008 survey of South Africans, finds that the likelihood of experiencing happiness is positively related to educational attainment.…”

Section: Literature Reviewmentioning

confidence: 99%

Human capital and life satisfaction in economic transition

Silver¹,

Caudill

Mixon

2016

Econ Transit

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This study explores the life satisfaction of Egyptians – with a particular focus on the impact of higher education on happiness – both before and after that country's Arab Spring of 2011. Ordered logit results point to positive and significant relationships between life satisfaction and both perceived high incomes and the human capital variable, good health, for the pre‐ and post‐Arab Spring periods in Egypt, thus confirming prior studies of transition economies. For a second human capital variable – secondary education – the results indicate a positive and significant relationship with happiness in pre‐Arab Spring Egypt, while that relationship for post‐Arab Spring Egypt is negative and significant. This particular finding is probably the result of the failure of educated Egyptians to achieve a better life despite their investments in human capital – due to the lack of opportunity that accompanied the failure of the country's Arab Spring to change the political and social environment.

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“…Age is a linear variable while health is measured on a five-point scale, ranging from very bad to very good. Socioeconomic status is crucial in levels of subjective well-being (Antinyan, 2015; Botha, 2014; Calvo et al, 2015). This study controlled for education, occupation, and household income.…”

Section: Methodsmentioning

confidence: 99%

Commuter couples’ life satisfaction in Korea

Lee

2017

International Sociology

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The prevalence of ‘commuter couples’ (a type of dual-earner couple in which the spouses live separately) is on the rise. The literature on this form of marital arrangement is, however, limited in that most studies are based on in-depth interviews of individuals with high-level employment in developed countries. Using cross-sectional data from the Social Survey (2012 and 2014) in Korea, this study examined (1) the relation of this newly emerging form of living arrangement with life satisfaction and (2) differences between wives and husbands in commuter couples in life satisfaction in Korea. Commuter couples in this study reported lower life satisfaction compared to typical dual-earner couples. In addition, in commuter couples, the husbands reported lower levels of life satisfaction compared to their wives. It appears that without immediate spousal support, both wives and husbands in commuter couples suffer from the burden of multiple social roles. Additionally, gender should be considered when examining the implications of this living arrangement for subjective well-being.

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Life Satisfaction and Education in South Africa: Investigating the Role of Attainment and the Likelihood of Education as a Positional Good

Cited by 31 publications

References 40 publications

The Influence of Demographic Factors on South African Investors' Life Satisfaction

The Influence of Demographic Factors on South African Investors' Life Satisfaction

Human capital and life satisfaction in economic transition

Commuter couples’ life satisfaction in Korea

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