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Religiosity as a determinant of happiness

  • Gundlach, Erich
  • Opfinger, Matthias

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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File URL: http://diskussionspapiere.wiwi.uni-hannover.de/pdf_bib/dp-467.pdf
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Paper provided by Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät in its series Hannover Economic Papers (HEP) with number dp-467.

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Length: 24 pages
Date of creation: Mar 2011
Date of revision:
Handle: RePEc:han:dpaper:dp-467
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  1. Laurence R. Iannaccone, 1998. "Introduction to the Economics of Religion," Journal of Economic Literature, American Economic Association, vol. 36(3), pages 1465-1495, September.
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  7. Opfinger, Matthias, 2011. "Religious Market Theory vs. Secularization: The Role of Religious Diversity Revisited," Hannover Economic Papers (HEP) dp-475, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
  8. Sascha O. Becker & Ludger Woessmann, 2007. "Was Weber Wrong? A Human Capital Theory of Protestant Economic History," CESifo Working Paper Series 1987, CESifo Group Munich.
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