Table 5: Life Satisfaction Equations - Pooled World Sample and World Regions

|||1|2|3|4|5|6|7|(Cont.)<br>8<br>**Central-**|
|---|---|---|---|---|---|---|---|---|---|
|||**North**|**Central**|**South**|**North**|**Central**|**South**||**Eastern**|
||**World**|**America**|**America**|**America**|**Europe**|**Europe**|**Europe**|**Balcans**|**Europe**|
|Importance of family > importance of friends (a)|-0.138|-0.293|-0.157|-0.163|-0.232|-0.183|-0.142|-0.157|-0.137|
||(13.35)**|(8.22)**|(2.48)*|(5.43)**|(9.63)**|(6.35)**|(4.97)**|(4.09)**|(4.85)**|
|Importance of family < importance of friends (a)|-0.283|-0.496|-0.266|-0.206|-0.343|-0.421|-0.346|-0.615|-0.224|
||(13.26)**|(3.25)**|(2.04)*|(3.39)**|(7.02)**|(5.46)**|(4.62)**|(3.28)**|(3.62)**|
|Importance of work > importance of leisure (b)|-0.1|-0.084|-0.102|-0.133|-0.093|-0.134|-0.107|-0.05|-0.038|
||(8.97)**|-1.25|(2.04)*|(5.25)**|(3.02)**|(4.02)**|(2.76)**|-0.69|-1.2|
|Importance of work < importance of leisure (b)|-0.07|-0.046|-0.251|-0.109|-0.109|-0.194|-0.116|-0.019|-0.047|
|Importance of religion > importance of politics (c)|(5.50)**<br>0.114|-1.19<br>0.09|(2.88)**<br>0.119|(3.12)**<br>0.144|(3.30)**<br>0.197|(4.40)**<br>0.134|(2.60)**<br>0.167|-0.27<br>0.161|-1.44<br>0.089|
||(10.51)**|(2.21)*|(2.46)*|(4.80)**|(4.78)**|(3.31)**|(5.75)**|(5.24)**|(2.77)**|
|Importance of religion < importance of politics (c)|-0.027|-0.074|-0.096|-0.112|-0.001|0.008|-0.005|0.187|-0.035|
||(1.97)*|-1.89|-1.05|(3.17)**|-0.04|-0.17|-0.12|(3.12)**|-1.08|
|Child independence Vs. Child obedience|-0.06|-0.109|-0.113|-0.179|-0.057|-0.051|-0.09|0.06|0.021|
||(5.44)**|(2.93)**|(2.67)**|(4.94)**|(2.32)*|-1.31|(2.75)**|-0.98|-0.76|
|Trust in people Vs. trust in institutions|0.07|0.027|-0.002|-0.038|-0.01|0.198|0.138|0.012|0.229|
||(4.99)**|-0.47|-0.03|-0.77|-0.44|(4.52)**|(3.06)**|-0.19|(6.14)**|
|Justified homosexuality|-0.127|-0.171|-0.221|-0.25|-0.285|-0.105|-0.208|-0.132|-0.035|
||(8.93)**|(4.17)**|(5.62)**|(7.44)**|(8.79)**|-1.8|(4.92)**|(2.93)**|-1.34|
|female|0.069|0.126|0.104|-0.037|0.164|0.03|0|0.139|0.098|
||(6.70)**|(2.71)**|(2.04)*|-1.63|(5.40)**|-0.83|-0.01|(2.79)**|(3.93)**|
|age|-0.041|-0.03|-0.051|-0.016|-0.053|-0.036|-0.045|-0.063|-0.059|
||(17.95)**|(4.15)**|(4.58)**|(2.56)*|(8.80)**|(5.31)**|(7.36)**|(6.05)**|(12.52)**|
|age2|0|0|0.001|0|0.001|0|0|0.001|0.001|
||(20.46)**|(5.74)**|(5.30)**|(3.51)**|(9.32)**|(6.23)**|(6.71)**|(6.16)**|(11.46)**|
|lower education|-0.09|0.114|0.112|0.105|-0.073|-0.227|-0.184|-0.22|-0.24|
||(4.26)**|-1.29|-1.87|(2.28)*|(2.02)*|(4.42)**|(3.70)**|(3.74)**|(5.11)**|
|upper education|0.103|0.051|-0.071|0.065|0.025|0.075|0.131|0.128|0.32|
||(7.06)**|-0.78|(2.12)*|-1.59|-0.8|-1.53|(2.76)**|(3.45)**|(9.49)**|
|married|0.333|0.6|0.297|0.274|0.555|0.422|0.55|0.356|0.365|
||(25.54)**|(12.53)**|(11.28)**|(9.11)**|(19.37)**|(8.96)**|(14.35)**|(6.79)**|(9.57)**|
|no children|0.098|0.159|0.076|0.162|-0.001|0.087|0.096|0.113|0.161|
||(7.12)**|(2.83)**|-1.43|(4.07)**|-0.03|(2.36)*|(2.65)**|(2.20)*|(3.59)**|
|children three or more|0.048|0.184|0.011|0.032|0.058|0.012|-0.024|-0.007|0.031|
||(3.57)**|(5.16)**|-0.19|-1.02|-1.94|-0.23|-0.79|-0.11|-1.07|
|good health|0.604|0.921|0.656|0.476|0.897|0.833|0.638|0.711|0.551|
||(36.87)**|(18.87)**|(24.06)**|(12.45)**|(22.42)**|(14.12)**|(13.98)**|(12.58)**|(18.27)**|
|bad health|-0.772|-0.84|-0.497|-0.693|-0.999|-0.991|-0.95|-0.714|-0.668|
||(31.64)**|(6.32)**|(5.10)**|(9.51)**|(11.73)**|(17.91)**|(9.38)**|(9.24)**|(14.83)**|
|breadwinner|-0.019|0.024|0.022|-0.02|-0.035|-0.108|0.046|0.011|-0.007|
||-1.64|-0.57|-0.52|-0.61|-1.02|(2.13)*|-1.29|-0.22|-0.22|
|employment status - part-time employee (d)|-0.044|0.039|-0.142|0.047|-0.065|-0.04|-0.168|-0.092|0.088|
||(2.08)*|-0.71|(2.07)*|-1.28|(2.09)*|-0.6|(2.29)*|-0.66|-1.21|
|employment status - self-employed (d)|0.026|0.063|-0.018|-0.021|0.021|-0.05|0.143|0.153|0.074|
||-1.37|-0.85|-0.26|-0.38|-0.37|-0.73|(2.45)*|(2.03)*|-1.02|
|employment status - unemployed (d)|-0.412|-0.34|-0.146|-0.319|-0.766|-1.13|-0.639|-0.259|-0.638|
||(16.50)**|(2.50)*|-1.49|(6.29)**|(12.68)**|(11.61)**|(9.67)**|(4.13)**|(11.65)**|
|economically inactive|0.033|0.195|0.013|0.018|-0.022|0.097|-0.018|0.064|0.062|
|low income group|(2.61)**<br>-0.365|(3.72)**<br>-0.254|-0.21<br>-0.188|-0.36<br>-0.212|-0.44<br>-0.234|(2.09)*<br>-0.24|-0.44<br>-0.178|-1.47<br>-0.574|-1.82<br>-0.402|
||(20.29)**|(3.52)**|(3.35)**|(5.48)**|(6.25)**|(5.10)**|(3.70)**|(7.09)**|(9.16)**|
|high income group|0.296|0.259|0.215|0.243|0.129|0.08|0.089|0.543|0.391|
||(9.96)**|(3.60)**|(2.10)*|(5.22)**|(4.33)**|-1.67|-1.79|(5.81)**|(8.16)**|
|Observations<br>Robust z-statistics in parentheses. * significant at|240811<br>5% level; **|10443<br>significant|11039<br>at 1% level.|23527<br>Countries|21678<br>and years|17101<br>dummies o|21177<br>mitted.|10561|24749|
|<br>(a) Base category: Importance of family = importan<br>(b) Base category: Importance of work = importan<br>|<br>ce of friend<br>ce of leisure<br>|<br>s<br>||||||||
|(c) Base category: Importance of religion = importa<br>(d) Base category: employment status - full-time e|nce of politi<br>mployee|cs||||||||

30