Advanced Search
MyIDEAS: Login to save this paper or follow this series

Family money, relational life and (class) relative wealth:an empirical analysis on life satisfaction of secondary school students

Contents:

Author Info

  • Leonardo Becchetti

    ()
    (Department of Economics, Universitˆ Tor Vergata)

  • Fabio Pisani

    (Department of Economics, Universitˆ Tor Vergata)

Abstract

We investigate factors affecting happiness on a sample of Italian secondary school students. We find that money matters since familyÕs house ownership, mortgages and (class) relative wealth significantly affect life satisfaction. Other crucial factors are geographical residence (those living in Milan are significantly less happy), motherÕs occupation, trust on family and friendships. Even though we cannot rule out inverse causality and other forms of endogeneity, the characteristics of many of the significant regressors such as family wealth, parental job and geographical residence (not under the decisional power of the student)suggest a direct causality nexus for these factors.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://econometica.it/wp/wp35.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Econometica in its series Econometica Working Papers with number wp35.

as in new window
Length: 25
Date of creation: Feb 2012
Date of revision:
Handle: RePEc:ent:wpaper:wp35

Contact details of provider:
Postal: Università degli Studi di Milano-Bicocca, Edificio U9, Viale dell'Innovazione, 10, 20126 Milano
Phone: 0039 02 6448 6540
Email:
Web page: http://www.econometica.it
More information through EDIRC

Related research

Keywords: life satisfaction; secondary school; wealth;

Other versions of this item:

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Luechinger, Simon & Raschky, Paul A., 2009. "Valuing flood disasters using the life satisfaction approach," Journal of Public Economics, Elsevier, vol. 93(3-4), pages 620-633, April.
  2. Bernard M. S. van Praag & Barbara E. Baarsma, 2005. "Using Happiness Surveys to Value Intangibles: The Case of Airport Noise," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 115(500), pages 224-246, 01.
  3. van de Wetering, E.J. & van Exel, N.J.A. & Brouwer, W.B.F., 2010. "Piecing the jigsaw puzzle of adolescent happiness," Journal of Economic Psychology, Elsevier, vol. 31(6), pages 923-935, December.
  4. Clark, Andrew E. & Frijters, Paul & Shields, Michael A., 2007. "Relative Income, Happiness and Utility: An Explanation for the Easterlin Paradox and Other Puzzles," IZA Discussion Papers 2840, Institute for the Study of Labor (IZA).
  5. Alfred Michael Dockery, 2005. "The Happiness of Young Australians: Empirical Evidence on the Role of Labour Market Experience," The Economic Record, The Economic Society of Australia, vol. 81(255), pages 322-335, December.
  6. David Dorn & Justina Fischer & Gebhard Kirchgässner & Alfonso Sousa-Poza, 2007. "Is It Culture or Democracy? The Impact of Democracy and Culture on Happiness," Social Indicators Research, Springer, vol. 82(3), pages 505-526, July.
  7. Clark, Andrew E., 2011. "Happiness, Habits and High Rank: Comparisons in Economic and Social Life," IZA Discussion Papers 5966, Institute for the Study of Labor (IZA).
  8. Emilio Colombo & Alessandra Michelangeli & Luca Stanca, 2010. "La Dolce Vita: Hedonic Estimates of Quality of Life in Italian Cities," Working Papers, University of Milano-Bicocca, Department of Economics 201, University of Milano-Bicocca, Department of Economics, revised Dec 2010.
  9. Becchetti Leonardo & Giachin Elena & Pelloni Alessandra, 2010. "The relationship between social leisure and life satisfaction," wp.comunite 0063, Department of Communication, University of Teramo.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ent:wpaper:wp35. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Matteo Rizzolli).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.