Browsing by Subject "hyvinvointimittari"

Most of the happiness and well-being surveys are showing that Finland is one of the happiest countries in the world. Many of the Finnish people can’t relate to these results. Neither the mental health statistics nor suicide rates in Finland are speaking for the well-being of Finnish people. The reason is that the well-being is traditionally measured by objective indicators that include only economic and social factors. The measurements are not measuring subjective well-being despite that it’s essential part for the demographic development and population health. The study investigates how the well-being measures correspond with subjective well-being in Finland years 2002-2016. The research also examines how the well-being measurements are able to measure subjective well-being of different socio-economic groups. The study is a quantitative comparison between descriptive statistics of objective well-being measures and life satisfaction. The examined wellbeing measures are HDI, HPI, SSI, Gini co-efficient, ISEW, GPI and GDP. The life satisfaction attribute data is from European Social Survey. The results of the study show that the examined well-being measures don’t correspond with the level of subjective well-being in Finland. HDI and SSI are higher than life satisfaction. HPI and Gini co-efficient are lower than life satisfaction. Only Gini co-efficient corresponds with the level of life satisfaction experienced from unemployed. Nevertheless the results show that there is some corresponding with the fluctuation of some of the well-being measures and subjective well-being. Gini co-efficient and SSI are as stable as average life satisfaction in Finland and life satisfaction experienced from students and pensioners. HDI has similar slight growth with life satisfaction experienced from laborers. HPI and GPI are more declining compared to the life satisfactions. GPI has similar fluctuation with life satisfaction experienced from unemployed. ISEW and GDP are showing significantly more increase and fluctuation compared to life satisfaction. Subjective and objective well-being are often seen as two separate dimensions. The fact is that overall well-being is formed from both of the dimensions. That is why well-being should be measured with both, subjective and objective measurements.