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Religiosity as a determinant of happiness

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  • Opfinger, Matthias
  • Gundlach, Erich

Abstract

We find a U-shaped relation between happiness and religiosity in cross-country panel data after controlling for income levels. At a given level of income, the same level of happiness can be reached with high and low levels of religiosity, but not with intermediate levels. A rise in income causes an increase in happiness along with a decline of religiosity. Our interpretation of the empirical results is that the indifference curves for religiosity and other commodities of the utility function are hump-shaped. --

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Bibliographic Info

Paper provided by Kiel Institute for the World Economy (IfW) in its series Open Access Publications from Kiel Institute for the World Economy with number 48360.

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Date of creation: 2011
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Handle: RePEc:zbw:ifwkie:48360

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

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  1. Becker, Sascha O. & Wößmann, Ludger, 2009. "Was Weber Wrong? A Human Capital Theory of Protestant Economic History," Munich Reprints in Economics, University of Munich, Department of Economics 20255, University of Munich, Department of Economics.
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  10. Opfinger, Matthias, 2011. "Religious Market Theory vs. Secularization: The Role of Religious Diversity Revisited," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät dp-475, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
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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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