Document Type

Article

Publication Date

7-1-2013

Keywords

subjective well-being, response scales, life satisfaction

Abstract

Using the American Life Panel, we conduct an experiment to investigate the relations between various evaluative and experienced well-being measures based on the English Longitudinal Study of Aging, the Gallup Wellbeing Index, and a 12-item Hedonic Well-Being module. We find that all evaluative measures load on the same factor, but the positive and negative experienced affect measures load on different factors. We find evidence of an effect of response scales on both the estimated number of underlying factors and their relations with demographics. We conclude that finer scales allowing more nuanced answers offer more reliability.

Comments

CESR Working Paper Number 2013-005

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