We examine the relationship between different dimensions of the political regime in place and human capital using a two-step structural equation model. In the first step, we employ factor analysis on 16 human capital indicators to construct two new human capital measures (basic and advanced human capital). In the second step, we estimate the…

In this article, we propose a model to estimate the direct and indirect effects of the relationship between subjective well-being and satisfaction in various domains of life using a partial least squares path modelling approach in a structural equation model framework. A drawback of these models is that they assume homogeneous behaviour over the…

This paper investigates the association between institutional quality and generalized trust. Despite the importance of the topic, little quantitative empirical evidence exists to support either unidirectional or bidirectional causality for the reason that cross-sectional studies rarely model the reciprocal relationship between institutional…

Empirical evidence of no age-related decline in life satisfaction (LS) in old age contrasts with frequently observed declines in the objective quality of elder people's lives and has therefore been labelled a "paradox" and interpreted in terms of stability of LS in the respective gerontological discussion. However, as this evidence was…