| Summary: | This article analyzes the dynamics of life satisfaction among Russia’s population over the course of the last two decades, as well as its determinants based on OECD methodology and data from the Russia Longitudinal Monitoring Survey of the Higher School of Economics (RLMS–HSE). It shows that inRussia, which during its transformational period went through each phase of the business cycle with high oscillation amplitude, life satisfaction is more closely connected to the main economic indicators than in countries that haven’t experienced similar economic and social shock. The way life satisfaction and its main determinants correlate inRussiais similar in character to what we see in several other countries. Meanwhile, the main values which characterize these connections, as well as their forms, depend on the particular course of movement of the economic cycle in any given country, as well as the previous path (model) of its development.
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