Abstract
The current micro-level study explores the impact of education on life satisfaction of individuals in Pakistan via six mediating factors that are health, employment status, marital status, number of children, the scale of income and freedom of choice. The differences based on gender, marital status and the scale of income are also analyzed by using data from Wave 6 (2010-2014) of the World Values Survey. The marginal mediation technique by Barrett (2018) is used. It is observed that education plays a significant role in affecting life satisfaction. The channels of health, freedom and scale of income are found significant in the analysis of the full sample. Different paths are found operative for opposite genders. Comparison based on the scale of income shows that more channels are found effective for the middle class as compared to rich and poor.
Keywords
Education, Life satisfaction, Marginal mediation technique
DOI
https://doi.org/10.54784/1990-6587.1058
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Recommended Citation
Hassan, F., Hina, H., & Qayyum, A. (2021). Education and life satisfaction: A marginal mediation analysis. Business Review, 15(2), 1-26. Retrieved from https://doi.org/10.54784/1990-6587.1058
Submitted
January 26, 2021
Published
January 15, 2021
Included in
Publication Stage
Published
