The dynamics of perception: modelling subjective wellbeing in a short panel

Publication type

Journal Article

Author

Publication date

June 1, 2008

Abstract:

We consider the issue of the dynamics of perceptions, as expressed in responses to survey questions on subjective wellbeing. We develop a simulated maximum likelihood method for estimation of dynamic linear models, where the dependent variable is partially observed through ordinal scales. This latent auto-regression model is often more appropriate than the usual state dependence model for attitudinal and interval variables. The paper contains an application to a model of households’ perceptions of their financial wellbeing, demonstrating the superior fit of the latent auto-regression model to both the usual static model and the state dependence model.

Published in

Journal of the Royal Statistical Society Series A (Statistics in Society)

Volume and page numbers

Volume: 171 (1):21-40 , p.21 -41

DOI

http://dx.doi.org/10.1111/j.1467-985X.2007.00515.x

Subject

Notes

Originally 'Online Early' 19 Nov.2007

Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*

#510264

News

Latest findings, new research

Publications search

Search all research by subject and author

Podcasts

Researchers discuss their findings and what they mean for society

Projects

Background and context, methods and data, aims and outputs

Events

Conferences, seminars and workshops

Survey methodology

Specialist research, practice and study

Taking the long view

ISER's annual report

Themes

Key research themes and areas of interest