20.500.12556/RUL-137521 The effect of subjective well-being on consumption behavior The article studies the causal effect of subjective well-being on the consumption behavior of individuals aged 50 and above using data from the English Longitudinal Study of Ageing (ELSA). To establish a causal link between subjective well-being and six distinct types of consumption (food consumed at home, food consumed outside of home, spending on clothing, leisure consumption, monthly rent, and utility consumption), it exploits the longitudinal dimension of the dataset and instruments for subjective well-being. The analysis reveals that subjective well-being positively affects spending on food outside of home and leisure activities, while having no significant effect on the consumption of food consumed at home, clothing, monthly rent, and utilities. These results imply that people with higher levels of subjective well-being are more engaged in social and leisure activities, such as going out for dinner, which offers important implications for both long-term, as well as habitual buying behavior. marketing consumer consumer behaviour subjective well-being happiness consumption economic behavior trženje potrošnik vedenje potrošnikov subjektivna blaginja sreča true false true Angleški jezik Slovenski jezik Članek v reviji 2022-06-20 13:52:39 2022-06-20 14:00:04 2022-09-15 04:15:19 0000-00-00 00:00:00 2022 0 0 Str. 876-898 iss. 2 Vol. 56 2022 0000-00-00 Zaloznikova Objavljeno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 366:159.9 0022-0078 10.1111/joca.12457 110523139 Journal_of_Consumer_Affairs_-_2022_-_Dominko_-_The_effect_of_subjective_well‐being_on_consumption_behavior_(1).pdf Journal_of_Consumer_Affairs_-_2022_-_Dominko_-_The_effect_of_subjective_well‐being_on_consumption_behavior_(1).pdf 1 59E3A8788266B27C5E2477D60C5B7401 6b722f432e04371682e48d95c6c27b43a9b0790d9d588ab18ac2e06fdd5979d1 ba47e4c4-332f-11ed-92af-00155dcfd717 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=160907 https://onlinelibrary.wiley.com/doi/10.1111/joca.12457 0 07718b86-f090-11ec-8aca-00155dcfd717 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=157495 Ekonomska fakulteta 0 0 0