Becchetti, Leonardo () (Associazione Italiana per la Cultura della Cooperazione e del Non Profit) Pelloni, Alessandra () (Associazione Italiana per la Cultura della Cooperazione e del Non Profit) Rossetti, Fiammetta () (Associazione Italiana per la Cultura della Cooperazione e del Non Profit)
Additional information is available for the following
registered author(s):
The standard specification of utility functions in economic models usually neglects the effect of sociability on happiness. Our level and first difference panel estimates show that relational goods have significant and positive effects on self declared life satisfaction, net of the impact of standard controls included in these kinds of estimates. The estimation of a panel GMM VAR system shows that such effects remain significant when the inverse causality nexus is taken into account.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. 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.
Publisher Info
Paper provided by Associazione Italiana per la Cultura della Cooperazione e del Non Profit in its series AICCON Working Papers with number
44-2007.