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Abstract

This paper focuses on the effects of reforms and happiness in transition economies. previous literature suggest that religiousness insures happiness against individual stressful life events, such as unemployment, disability, or marital separation. I estimate an econometric model to study if religion also insures against aggregate shocks to happiness, such as reforms and various changes in political, economic, and social life. The model accounts for the endogeneity of religion and analyzes the effects of religion on life satisfaction, and perceptions of the current economic and political situation in transition countries.

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Bibliographic Info

Paper provided by The Center for Economic Research and Graduate Education - Economic Institute, Prague in its series CERGE-EI Working Papers with number wp425.

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Date of creation: Oct 2010
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Handle: RePEc:cer:papers:wp425

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Related research

Keywords: happiness; life satisfaction; religion; reforms; transition;

Find related papers by JEL classification:

• C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
• I31 - Health, Education, and Welfare - - Welfare and Poverty - - - General Welfare
• P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
• Z12 - Other Special Topics - - Cultural Economics - - - Religion

This paper has been announced in the following NEP Reports:

• NEP-ALL-2010-12-18 (All new papers)
• NEP-TRA-2010-12-18 (Transition Economics)

References

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1. Religion as an insurance mechanism against aggregate shocks
   by Economic Logician in Economic Logic on 2011-10-31 14:26:00

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