National Pride and Subjective Well-Being of Russians
Keywords:happiness, life satisfaction, subjective well-being, national pride, Russians, instrumental variables
Since the beginning of the 2000s, subjective well-being of the Russians was growing due to growing incomes and strengthening optimism about the future. However, the worsening economic situation following the crisis in 2008 did not cause the expected fall in subjective well-being rates. One plausible explanation is the growth of national pride. In this paper, it is tested whether or not national pride positively and causally affect happiness and life satisfaction of Russians. Possible compensatory properties of national pride — its hypothetical stronger effect for individuals with low incomes and poor health — are also being investigated. Data: integrated database of the World Values Survey and the European Values Study containing survey data for Russia from 1990 to 2017. Methods: linear regression with instrumental variables. Results: the effect of national pride on subjective well-being is positive and statistically significant (β = 0.26, p-value <0.001), the effect persists while using instrumental variables (β = 0.92, p-value <0.001); the effect is stronger in the period after 2008, as well as for people with low incomes.