THE MORE EDUCATED YOU ARE, THE HAPPIER LIFE YOU LIVE?
- 주제(키워드) life satisfaction , education , happiness
- 발행기관 고려대학교 대학원
- 지도교수 이명재
- 발행년도 2018
- 학위수여년월 2018. 8
- 학위구분 석사
- 학과 대학원 경제학과
- 원문페이지 42 p
- 실제URI http://www.dcollection.net/handler/korea/000000082061
- UCI I804:11009-000000082061
- DOI 10.23186/korea.000000082061.11009.0000808
- 본문언어 영어
- 제출원본 000045954655
초록/요약
This study investigates effects of education years on life satisfaction, which includes direct and indirect effects through income. For this investigation, I exploited Ordered Probit with 15 countries’ cross-section data sets from European Social Survey (ESS) in 2008. In addition, since it has to be considered that life satisfaction could have an effect on education, parents’ education levels are used as instrumental variables to solve the endogeneity problem. According to the estimation result, without income effect, education years has an insignificant or negative effect on life satisfaction in most countries. However, with income effect, countries show different results and this outcome is positively related to Gini coefficient from each country. This implies that education effect including income channel varies according to countries’ economic situation.
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Contents
I. Introduction 1
II. Literature Review 4
III. Data Source 6
IV. Model 9
V. Results 12
VI. Conclusion 18
Appendix 20
References 36
