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Can Religion Insure against Aggregate Shocks to Happiness? The Case of Transition Countries

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  • Olga Popova

Abstract

This paper focuses on the effects of reforms and happiness in transition economies. previous literature suggest that religiousness insures happiness against individual stressful life events, such as unemployment, disability, or marital separation. I estimate an econometric model to study if religion also insures against aggregate shocks to happiness, such as reforms and various changes in political, economic, and social life. The model accounts for the endogeneity of religion and analyzes the effects of religion on life satisfaction, and perceptions of the current economic and political situation in transition countries.

Suggested Citation

  • Olga Popova, 2010. "Can Religion Insure against Aggregate Shocks to Happiness? The Case of Transition Countries," CERGE-EI Working Papers wp425, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
  • Handle: RePEc:cer:papers:wp425
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    1. Religion as an insurance mechanism against aggregate shocks
      by Economic Logician in Economic Logic on 2011-10-31 19:26:00

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    Cited by:

    1. Hannah C. Silver & Steven B. Caudill & Franklin G. Mixon Jr., 2017. "Human capital and life satisfaction in economic transition," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 25(2), pages 165-184, April.
    2. Nikolova, Milena & Roman, Monica & Zimmermann, Klaus F., 2017. "Left behind but doing good? Civic engagement in two post-socialist countries," Journal of Comparative Economics, Elsevier, vol. 45(3), pages 658-684.
    3. Ekaterina Skoglund, 2017. "The happiness gap between transition and non-transition countries," IZA World of Labor, Institute of Labor Economics (IZA), pages 357-357, May.
    4. Rafael Domínguez & Borja López-Noval, 0. "Religiosity and Life Satisfaction Across Countries: New Insights from the Self-Determination Theory," Journal of Happiness Studies, Springer, vol. 0, pages 1-24.
    5. van Hoorn, André & Maseland, Robbert, 2013. "Does a Protestant work ethic exist? Evidence from the well-being effect of unemployment," Journal of Economic Behavior & Organization, Elsevier, vol. 91(C), pages 1-12.
    6. Bryukhanov, Maksym & Fedotenkov, Igor, 2017. "Religiosity and life satisfaction in Russia: Evidence from the Russian data," MPRA Paper 82750, University Library of Munich, Germany.
    7. Jeffrey B. Nugent & Malgorzata Switek & Fengyu Wu, 2015. "Socio-Political Attitudes Across the World: to What Extent are they Affected by One's Religion, it's Importance, Majority Status and Relative Income," Working Papers 972, Economic Research Forum, revised Nov 2015.
    8. Sergei Guriev & Ekaterina Zhuravskaya, 2009. "(Un)happiness in Transition," Journal of Economic Perspectives, American Economic Association, vol. 23(2), pages 143-168, Spring.
    9. Nikolova, Milena, 2016. "Minding the happiness gap: Political institutions and perceived quality of life in transition," European Journal of Political Economy, Elsevier, vol. 45(S), pages 129-148.
    10. Nikolova, Elena & Sanfey, Peter, 2016. "How much should we trust life satisfaction data? Evidence from the Life in Transition Survey," Journal of Comparative Economics, Elsevier, vol. 44(3), pages 720-731.
    11. Niu, Geng & Zhao, Guochang, 2018. "Religion and trust in strangers among China's rural-urban migrants," China Economic Review, Elsevier, vol. 50(C), pages 265-272.
    12. Michal Brzezinski, 2019. "Diagnosing Unhappiness Dynamics: Evidence from Poland and Russia," Journal of Happiness Studies, Springer, vol. 20(7), pages 2291-2327, October.
    13. Olga Popova, 2017. "Does religiosity explain economic outcomes?," IZA World of Labor, Institute of Labor Economics (IZA), pages 335-335, February.
    14. Olga Popova, 2016. "Suffer for the Faith? Parental Religiosity and Children’s Health," Working Papers 356, Leibniz Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies).

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    More about this item

    Keywords

    happiness; life satisfaction; religion; reforms; transition;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion

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