Weather and Subjective Well-Being
The aim of our research is to provide new evidence on the relationship between weather and subjective well-being. We use data from a nationally representative panel survey from Hungary (TÁRKI Hungarian Household Panel 1992-1997, n=4500), and city-level daily weather data come from the Hungarian Meteorological Service.
Our research has two novelties. First, using panel data we are able to control for time-invariant person-specific traits that are important predictors of satisfaction. Second, while estimating the effect of the weather on the day of the interview is widespread practice in the literature, it is possible that weather on the day of the interview influences subjective well-being in a relative manner: compared to weather on the previous days. In other words, a sunny day might matter more if the previous day was rainy. In order to check this hypothesis, we estimate models including a broader set of weather variables. Our results might have implications for the comparability of well-being measures across regions and countries.