Analysis of domain satisfactions: Evidence from a panel of Greek women

We explore the causes and correlates of satisfaction valuations, provided by a panel of Greek women on three domains: main activity, financial situation and amount of leisure. We utilize a sample of 1796 women, observed every year in the period 1994-2001 and a correlated random effects ordered probit model for estimation purposes. The estimated results show that (a) the established correlates exert an impact that is far from being homogeneous across domain satisfactions, (b) both components of income (permanent and transitory) exercise a positive and significant effect on satisfaction responses and (c) Greek women take into consideration experiences and expectations of life-events when they form their satisfaction responses.