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Religiosity as a determinant of happiness

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  • Gundlach, Erich
  • Opfinger, Matthias

Abstract

We find a U-shaped relation between happiness and religiosity in cross-country panel data after controlling for income levels. At a given level of income, the same level of happiness can be reached with high and low levels of religiosity, but not with intermediate levels. A rise in income causes an increase in happiness along with a decline of religiosity. Our interpretation of the empirical results is that the indifference curves for religiosity and other commodities of the utility function are hump-shaped.

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File URL: http://www3.wiwi.uni-hannover.de/Forschung/Diskussionspapiere/dp-467.pdf
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Bibliographic Info

Paper provided by Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät in its series Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Leibniz Universität Hannover with number dp-467.

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Length: 24 pages
Date of creation: Mar 2011
Date of revision:
Handle: RePEc:han:dpaper:dp-467

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Keywords: Happiness; religiosity; utility function; long-run development;

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References

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  16. Opfinger, Matthias, 2011. "Religious Market Theory vs. Secularization: The Role of Religious Diversity Revisited," Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Leibniz Universität Hannover dp-475, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
  17. Easterlin, Richard A., 1995. "Will raising the incomes of all increase the happiness of all?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(1), pages 35-47, June.
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Cited by:
  1. Harttgen, Kenneth & Opfinger, Matthias, 2013. "National Identity and Religious Diversity," MPRA Paper 50151, University Library of Munich, Germany.

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