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Sociability Predicts Happiness: World-Wide Evidence from Time Series

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Author Info

  • Stefano Bartolini

    ()

  • Ennio Bilancini

    ()

  • Francesco Sarracino

    ()

Abstract

We provide macro evidence that in the long run the trends of social capital are a strong predictor of the trends of subjective well-being. Our measure of social capital is the individual membership in groups or associations. We apply the bivariate methodology used in Easterlin and Angelescu (2009) to investigate the long run relationship between subjective well-being and income. We consider all countries for which there exist comparable long time series on social capital, for a total of 14 developed and 5 developing countries. Moreover, we provide several robustness checks of Easterlin and Angelescu’s analysis, confirming confirming that they are unrelated in the long-term.

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Bibliographic Info

Paper provided by Department of Economics, University of Siena in its series Department of Economics University of Siena with number 579.

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Date of creation: Oct 2009
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Handle: RePEc:usi:wpaper:579

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Related research

Keywords: subjective well-being; life satisfaction; social capital; sociability; relational goods; time-trends;

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As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Some new happiness research
    by chris dillow in Stumbling and Mumbling on 2009-11-24 14:04:24
  2. Ca va comme un dimanche...
    by obouba in Olivier Bouba-Olga on 2009-11-29 11:45:00
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Cited by:
  1. SARRACINO Francesco, 2011. "Money, sociability and happiness : are developed countries doomed to social erosion and unhappiness?," CEPS/INSTEAD Working Paper Series 2011-02, CEPS/INSTEAD.
  2. Francesco Sarracino, 2014. "Richer in Money, Poorer in Relationships and Unhappy? Time Series Comparisons of Social Capital and Well-Being in Luxembourg," Social Indicators Research, Springer, vol. 115(2), pages 561-622, January.

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