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Decomposing The Increase In Reported Levels Of Subjective Well-Being In South Africa From 1993 To 1998, Benjamin Fitch-Fleischmann
Decomposing The Increase In Reported Levels Of Subjective Well-Being In South Africa From 1993 To 1998, Benjamin Fitch-Fleischmann
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Reported levels of household life satisfaction, also referred to as subjective well-being, increased dramatically in South Africa following the end of Apartheid. This study uses household surveys from 1993-1994 and 1998 in South Africa to investigate why. Models of subjective well-being are estimated following previous literature and a Oaxaca decomposition is then applied, which allows subjective well-being and the determinants of subjective well-being to be examined in a new framework. The decomposition determines what portion of the life satisfaction increase in South Africa is due to improvements in living conditions and what portion is due to changes in the way …