TY - JOUR AU - Helliwell,John F. TI - How's Life? Combining Individual and National Variables to Explain Subjective Well-Being JF - National Bureau of Economic Research Working Paper Series VL - No. 9065 PY - 2002 Y2 - July 2002 UR - http://www.nber.org/papers/w9065 L1 - http://www.nber.org/papers/w9065.pdf N1 - Author contact info: John F. Helliwell Canadian Institute for Advanced Research and Department of Economics University of British Columbia 997-1873 East Mall Vancouver BC V6T 1Z1 CANADA Tel: 604/822-4953 Fax: 604/822-5915 E-Mail: john.helliwell@ubc.ca AB - This paper attempts to explain international and inter-personal differences in subjective well-being over the final fifth of the twentieth century. The empirical work makes use of data from three waves of the World Values survey covering about fifty different countries. The analysis proceeds in stages. First there is a brief review of some reasons for giving a key role to subjective measures of well-being. This is followed by a survey of earlier empirical studies, a description of the main variables used, a report of results and tests, and discussion of the links among social capital, education, income and well-being. The main innovation of the paper, relative to earlier studies of subjective well-being, lies in its use of large international samples of data combining individual and societal level variables, thus permitting the simultaneous identification of individual-level and societal-level determinants of well-being. This is particularly useful in identifying the direct and indirect linkages between social capital and well-being. ER -