Economic Sentiment Level versus the Quality of Life in European Union Member States

Robert Skikiewicz , Krzysztof Błoński

Abstract

The purpose of this paper is to evaluate the interplay between variables pertaining to the satisfaction of life and economic sentiments of citizens of selected European countries. The analysis of  the  connections will be conducted based on  existing subjective primary data. The  data in  question  are results of  international comparative surveys (European Social Survey, ESS; the  OECD's Better Life Initiative) and results of  consumer economic sentiment surveys ordered by the  European Commission. The  research procedure also benefitted from the  selected items of literature available in the form of books and articles. Population economic sentiments are subject to cyclical changes connected with the  changes in economic situation in individual countries. The analysis of secondary data allows for the conclusion that there is a  statistically significant direct or indirect strong relationship between assessments of life satisfaction and consumer confidence indicator. The grouping of the researched countries based on  secondary data has made it possible to capture the  similarities between individual states.
Author Robert Skikiewicz (WZ / KBRiU)
Robert Skikiewicz,,
- Department of Research Markets and Services
, Krzysztof Błoński - Szczecin University (USz)
Krzysztof Błoński,,
-
Journal seriesPrague Economic Papers, ISSN 1210-0455, (A 20 pkt)
Issue year2018
Vol27
No4
Pages379-396
Publication size in sheets0.85
Keywords in Englisheconomic sentiment, life satisfaction, European Union
ASJC Classification2002 Economics and Econometrics; 2003 Finance
DOIDOI:10.18267/j.pep.658
URL https://www.vse.cz/pep/658
Languageen angielski
Score (nominal)20
Score sourcejournalList
ScoreMinisterial score = 20.0, 10-02-2020, ArticleFromJournal
Publication indicators WoS Citations = 0; Scopus SNIP (Source Normalised Impact per Paper): 2018 = 0.712; WoS Impact Factor: 2017 = 0.409 (2) - 2017=0.557 (5)
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UwagiFirst Online 30.11.2017
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