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Religiosity as a determinant of happiness

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  • Erich Gundlach
  • Matthias Opfinger

Abstract

The empirical relation between happiness and religiosity is considered from the perspective of basic utility theory. An unbalanced cross-country panel data set is used to study whether religiosity can be considered as a substitute in the happiness function, which itself is held to be a proxy for the utility function. We find that the same level of happiness can be maintained with high and low levels of religiosity due to substitution along a standard indifference curve. Our empirical results are consistent with three stylized facts of the empirical literature, namely a positive correlation between happiness and religiosity, a positive correlation between happiness and income, and a negative correlation between religiosity and income.

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File URL: http://www.uni-trier.de/fileadmin/fb4/prof/VWL/EWF/Research_Papers/2012-06.pdf
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Bibliographic Info

Paper provided by University of Trier, Department of Economics in its series Research Papers in Economics with number 2012-06.

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Length: 32 pages
Date of creation: 2012
Date of revision:
Handle: RePEc:trr:wpaper:201206

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

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References

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Cited by:
  1. Kenneth Harttgen & Matthias Opfinger, 2012. "National Identity and Religious Diversity," Research Papers in Economics 2012-07, University of Trier, Department of Economics.
  2. Matthias Opfinger, 2014. "‘United in Diversity’---Does Social Diversity Increase Subjective?," Research Papers in Economics 2014-10, University of Trier, Department of Economics.

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