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Social Capital and Well-Being

Social Capital and Well-Being. USC Workshop on Happiness Research March 17, 2006 John F. Helliwell Canadian Institute for Advanced Research and UBC (joint work with Haifang Huang). What Supports Well-Being? . Trust Engagement- the more we get together…

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Social Capital and Well-Being

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  1. Social Capital and Well-Being USC Workshop on Happiness Research March 17, 2006 John F. Helliwell Canadian Institute for Advanced Research and UBC (joint work with Haifang Huang)

  2. What Supports Well-Being? • Trust • Engagement- the more we get together… • Employment (paid or not, in a good job) • Family, friends and neighbours • Good health • High-quality of government, at all levels • Adequate income, relative to expectations

  3. Life satisfaction, trust in neighbours, moved in last five years, own house, by province, 10=maximum possible

  4. Relative Income and Happiness • OECD below • Developing above

  5. Effects of income on financial and life satisfaction in Canada

  6. SWB effects of frequent visits/contacts with family, friends and neighborsEDS & ESC

  7. Bottom line: Income equivalents of factors affecting life satisfaction

  8. More Bottom line: Income equivalents of factors affecting SWB

  9. $ Annual value of a bottom-to-top change in certain job characteristics, from ESC

  10. $ Annual value of a 75%-to-top change in workplace trust, from GSS and ESC

  11. Explaining international differences in well-being and suicide Betas

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