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Felicidad y salud: una aproximación al bienestar en el Río de la Plata

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Author Info

  • Mariana Gerstenblüth

    (Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República)

  • Máximo Rossi

    (Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República)

  • Patricia Triunfo

    (Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República)

Abstract

In this study we analyze data on happiness to find out the relationship between this issue and others aspects of life, based on the Latinobarometro 2004 for Argentina and Uruguay. The focus is put on self-reported health status as a key aspect in increasing happiness levels, although we also analyze the relationship between happiness and income, age, gender, education, employment status and religiosity. Then, the probabilty of being happy is econometrically estimated by probit models for each country and the region. Results show that the main relationship is between happiness and health status. Whether this is a causal effect or only a correlation, is not clear. This issue is explored by using propensity score matching methods, finding that reporting a good health status increases the probability of being satisfied with life by 31 and 46 percentage points in Uruguay, 15 and 27 percentage points in Argentina; and between 17 and 27 percentage points for the pool data. According to previous literature, we find that the relationship between age and happiness is U-shaped, with happiness being lowest in the age of 52.

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File URL: http://decon.edu.uy/publica/2007/1507.pdf
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Bibliographic Info

Paper provided by Department of Economics - dECON in its series Documentos de Trabajo (working papers) with number 1507.

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Length: 19 pages
Date of creation: Oct 2007
Date of revision:
Handle: RePEc:ude:wpaper:1507

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Keywords: happiness; health; propensity score methods;

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References

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  1. Alejandro Cid & Daniel Ferrés & Máximo Rossi, 2008. "Testing Happiness Hypothesis among the Elderly," REVISTA CUADERNOS DE ECONOMÍA, UN - RCE - CID.
  2. David G. Blanchflower & Andrew J. Oswald, 2000. "Well-Being Over Time in Britain and the USA," NBER Working Papers 7487, National Bureau of Economic Research, Inc.
  3. Sascha O. Becker & Andrea Ichino, 2002. "Estimation of average treatment effects based on propensity scores," Stata Journal, StataCorp LP, vol. 2(4), pages 358-377, November.
  4. Joseph G. Altonji & Todd E. Elder & Christopher R. Taber, 2005. "Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools," Journal of Political Economy, University of Chicago Press, vol. 113(1), pages 151-184, February.
  5. Heckman, James J. & Robb, Richard Jr., 1985. "Alternative methods for evaluating the impact of interventions : An overview," Journal of Econometrics, Elsevier, vol. 30(1-2), pages 239-267.
  6. Easterlin, Richard A, 2001. "Income and Happiness: Towards an Unified Theory," Economic Journal, Royal Economic Society, vol. 111(473), pages 465-84, July.
  7. Clark, Andrew E & Oswald, Andrew J, 1994. "Unhappiness and Unemployment," Economic Journal, Royal Economic Society, vol. 104(424), pages 648-59, May.
  8. Oswald, A.J., 1997. "Happiness and Economic Performance," Papers 18, Centre for Economic Performance & Institute of Economics.
  9. Bruno S. Frey & Alois Stutzer, . "What can Economists Learn from Happiness Research?," IEW - Working Papers 080, Institute for Empirical Research in Economics - University of Zurich.
  10. Angus Deaton, 2007. "Income, Aging, Health and Wellbeing Around the World: Evidence from the Gallup World Poll," NBER Working Papers 13317, National Bureau of Economic Research, Inc.
  11. Gerdtham, Ulf-G & Johannesson, Magnus, 1997. "The Relationship between Happiness, Health and Socio-economic Factors: Results Based on Swedish Micro Data," Working Paper Series in Economics and Finance 207, Stockholm School of Economics.
  12. Kahneman, Daniel & Wakker, Peter P & Sarin, Rakesh, 1997. "Back to Bentham? Explorations of Experienced Utility," The Quarterly Journal of Economics, MIT Press, vol. 112(2), pages 375-405, May.
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Cited by:
  1. Alejandro Cid & Daniel Ferres & Máximo Rossi, 2008. "Subjective Well-Being in the Southern Cone: Health, Income and Family," Documentos de Trabajo (working papers) 1308, Department of Economics - dECON.

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