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The relationship between social leisure and life satisfaction

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  • Becchetti Leonardo
  • Giachin Elena
  • Pelloni Alessandra

Abstract

Social leisure is generally found to be positively correlated with life satisfaction in the empirical literature. We ask if this association captures a genuine causal effect of this good on subjective wellbeing by using panel data from the GSOEP. Fixed effect estimation techniques take care of some but not all of the endogeneity issues involved: we then have recourse to instrumental variables estimation. Our identification strategy exploits the change in social leisure brought about by retirement: more specifically we instrument social leisure with the ratio of retired in the sample by year and geographic location (East vs West Germany). Our results show a gendered difference in the impact of this ratio on social life. Our final message is that social leisure has a positive causal effect on life satisfaction, a finding with potentially important policy implications.

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Bibliographic Info

Paper provided by Department of Communication, University of Teramo in its series wp.comunite with number 0063.

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Date of creation: Mar 2010
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Handle: RePEc:ter:wpaper:0063

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Web page: http://wp.comunite.it/

Related research

Keywords: Life satisfaction; social leisure; retirement;

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Cited by:
  1. Leonardo Becchetti & Fabio Pisani, 2012. "Family Money, Relational Life and (Class) Relative Wealth: an Empirical Analysis on Life Satisfaction of Secondary School Students," CEIS Research Paper 223, Tor Vergata University, CEIS, revised 21 Feb 2012.

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