Measuring Well Being: Variables and Their Relationship

Abstract

Purpose: We propose a well-being index that consists of components that reflect well-being from the literature on well-being. The study emphasizes the magnitude of each component of this well-being index. Study design/methodology/approach: The dimensions of the well-being of interest are (i) A sense of discrimination, (ii) General trust, (iii) A sense of appreciation from family members, (iv) Expectations regarding the future, (v) A sense of ability to deal with problems, (vi) A feeling of loneliness, and (vii) A feeling that there is no one to trust. Findings: The study includes 222 responders. The variables in the survey support the research question about the structure of well-being. They affect directly and indirectly well-being. For example, the daily number of hourly sittings. We cluster some variables into a single construct. We found no correlation between age with the other factors. Originality/value: This finding has essential effects when dealing with what can improve people's well-being.

Keywords

• Well-being
• Statistical analysis
• Magnitude
• Index