Subjective Wellbeing in Colombia : Some Insights on Vulnerability, Job Security, and Relative Incomes

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dc.creatorKrauss, Alexander
dc.creatorGraham, Carol
dc.date2014-02-04T20:08:23Z
dc.date2014-02-04T20:08:23Z
dc.date2013-10
dc.date.accessioned2026-07-01T00:57:35Z
dc.descriptionA burgeoning literature explores the extent to which consumption or income inadequately reflect people's subjective wellbeing, just as GDP at times can provide an incomplete and misleading picture of national wellbeing. Scholars are increasingly using data on subjective wellbeing to complement traditional welfare indicators and to enrich our understanding of wellbeing and quality of life. The paper builds on the present research but it analyzes a much broader, more interdisciplinary, and more policy-relevant range of potential determinants simultaneously than currently existing in the literature on subjective wellbeing. It first analyzes the relative importance of a wide range of characteristics and conditions at the individual, household, regional and macro levels on levels of subjective wellbeing in Colombia in 2010/11; and second, assesses the marginal effects of a number of factors on perceived changes in levels of subjective wellbeing over time for the same respondents from 2008/09 to 2010/11. Findings show that increasing the quality of life of Colombians is largely conditional on minimizing risks and vulnerabilities: reducing the rate and duration of unemployment; improving the delivery of public health services; increasing the share of people with health and pension plans; enhancing safety and security in communities; and reducing levels of discrimination. It finds that job loss has particularly strong effects on levels of satisfaction that are larger than those for increased income, while also controlling for a decrease in income that is often related to being unemployed, suggesting that the human welfare (non-pecuniary) costs of unemployment are driving the strong effects. Moreover, any job, even a low-quality job, is overall better for one's subjective wellbeing than being unemployed. Finally, policy aimed at improving people's subjective wellbeing will likely have the greatest impact if focused on mitigating vulnerabilities and negative shocks that people face.
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dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2013/10/18425196/subjective-wellbeing-colombia-some-insights-vulnerability-job-security-relative-incomes
dc.identifierhttps://hdl.handle.net/10986/16887
dc.identifierhttps://doi.org/10.1596/1813-9450-6672
dc.identifier.urihttp://hdl.handle.net/123456789/413518
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper;No. 6672
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCOUNTABILITY
dc.subjectAGE GROUP
dc.subjectAGE GROUPS
dc.subjectANXIETY
dc.subjectARMED CONFLICT
dc.subjectBASIC NEEDS
dc.subjectCASH TRANSFERS
dc.subjectCITIZENS
dc.subjectCRIME
dc.subjectCROSS-SECTIONAL DATA
dc.subjectDEMOCRACY
dc.subjectDEMOGRAPHIC FACTORS
dc.subjectDESCRIPTIVE STATISTICS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT POLICY
dc.subjectDISABILITY
dc.subjectDISCRIMINATION
dc.subjectDIVORCE
dc.subjectECONOMIC FACTORS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC INSECURITIES
dc.subjectECONOMIC INSECURITY
dc.subjectECONOMIC MOBILITY
dc.subjectECONOMIC SHOCKS
dc.subjectECONOMIC STATUS
dc.subjectEMPLOYABILITY
dc.subjectEMPLOYMENT STATUS
dc.subjectFAMILY RELATIONS
dc.subjectFARMERS
dc.subjectFINDING EMPLOYMENT
dc.subjectGDP
dc.subjectGENDER DIFFERENCES
dc.subjectHEALTH INSURANCE
dc.subjectHEALTH SERVICES
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD SURVEYS
dc.subjectHOUSEHOLD WELFARE
dc.subjectHUMAN WELFARE
dc.subjectILLNESS
dc.subjectIMPORTANCE OF EDUCATION
dc.subjectINCOME DISTRIBUTION
dc.subjectINSURANCE SCHEMES
dc.subjectJOB LOSS
dc.subjectJOB SEARCH
dc.subjectJOB SECURITY
dc.subjectLABOR MARKET
dc.subjectLABORERS
dc.subjectLEVEL OF EDUCATION
dc.subjectLEVELS OF EDUCATION
dc.subjectMEASURES OF POVERTY
dc.subjectMEDICAL SERVICES
dc.subjectMIGRANT
dc.subjectMIGRANTS
dc.subjectMIGRATION
dc.subjectMUTUAL RESPECT
dc.subjectNATIONAL GOVERNMENT
dc.subjectNATIONAL POVERTY
dc.subjectNATIONAL POVERTY LINE
dc.subjectNUMBER OF CHILDREN
dc.subjectOCCUPATION
dc.subjectOCCUPATIONS
dc.subjectPEACE
dc.subjectPERSONALITY
dc.subjectPHYSICAL HEALTH
dc.subjectPOLICY DISCUSSIONS
dc.subjectPOLICY IMPLICATIONS
dc.subjectPOLICY MAKERS
dc.subjectPOLICY RESEARCH
dc.subjectPOLICY RESEARCH WORKING PAPER
dc.subjectPOLITICAL PARTICIPATION
dc.subjectPOOR
dc.subjectPOVERTY REDUCTION
dc.subjectPRIMARY EDUCATION
dc.subjectPRIMARY SAMPLING UNITS
dc.subjectPRIVATE SECTOR
dc.subjectPROBIT REGRESSION
dc.subjectPROBIT REGRESSIONS
dc.subjectPROGRAMS
dc.subjectPROGRESS
dc.subjectPROPENSITY SCORE MATCHING
dc.subjectPUBLIC EDUCATION
dc.subjectPUBLIC HEALTH
dc.subjectPUBLIC HEALTH SERVICES
dc.subjectPUBLIC OPINION
dc.subjectPUBLIC SECTOR WORKERS
dc.subjectQUALITY OF LIFE
dc.subjectREDUCING POVERTY
dc.subjectREMITTANCES
dc.subjectREMOTE AREAS
dc.subjectRURAL
dc.subjectRURAL AREAS
dc.subjectSAFETY NET
dc.subjectSAFETY NETS
dc.subjectSANITATION
dc.subjectSELF-ESTEEM
dc.subjectSERVICE DELIVERY
dc.subjectSEX
dc.subjectSKILLS DEVELOPMENT
dc.subjectSOCIAL FACTORS
dc.subjectSOCIAL PROGRESS
dc.subjectSOCIAL TENSIONS
dc.subjectSPATIAL DISTRIBUTION
dc.subjectSTABLE JOBS
dc.subjectTRAUMA
dc.subjectUNEMPLOYED
dc.subjectUNEMPLOYMENT
dc.subjectUNIVERSAL ACCESS
dc.subjectURBAN AREAS
dc.subjectVIOLENCE
dc.subjectVULNERABILITY
dc.subjectWELFARE INDICATORS
dc.subjectWELL BEING
dc.subjectWELL-BEING
dc.subjectWELLBEING
dc.subjectWORK ENVIRONMENT
dc.subjectWORKER
dc.subjectWORKERS
dc.subjectlife satisfaction
dc.titleSubjective Wellbeing in Colombia : Some Insights on Vulnerability, Job Security, and Relative Incomes

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