Tasting Freedom: happiness, religion and economic transition
AbstractEconomic transition lowered happiness on average, but did not affect all equally. This paper uses Hungarian survey data to study the impact of religion and economic transition on happiness. Religious involvement contributes positively to individuals¿ self-reported well-being. Controlling for personal characteristics of the respondents, money is a less important source of happiness for the religious. The impact of economic transition has varied greatly across different groups. The main winners from increasing economic freedom were the entrepreneurs. The religious were little affected by the changes. This implies that greater ideological freedom, measured by a greater social role of churches, may not influence happiness per se.
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Bibliographic InfoPaper provided by London School of Economics and Political Science, LSE Library in its series LSE Research Online Documents on Economics with number 6384.
Length: 33 pages
Date of creation: Aug 2002
Date of revision:
Happiness; economic transition; religion; entrepreneurs;
Find related papers by JEL classification:
- N0 - Economic History - - General
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