Happiness, Meaning of Life and Income
The paper explores the non-material determinants of happiness. We go beyond the well-established result that individual ‘religiousness’ is positively correlated with happiness and look at a broader spiritual activity - time spent thinking about the meaning and purpose of life (MPL). We study the determinants of this activity and its potential role in explaining happiness. Using World Values Survey 1994-2007 data for 85 countries in an ordered logit model, we find that the educated, the religious, females and the middle aged are more likely to spend time thinking about the MPL. The correlation between happiness and thinking about the MPL depends on a country’s income: it is negative in high income countries and positive in low income countries.
|Date of creation:||May 2011|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: 0117 328 3610
Web page: http://www1.uwe.ac.uk/bl/research/bristoleconomics.aspx
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:uwe:wpaper:1108. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Felix Ritchie)
If references are entirely missing, you can add them using this form.