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http://hdl.handle.net/10419/66028
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| Title: | | Religiosity as a determinant of happiness  |
| Authors: | | Gundlach, Erich Opfinger, Matthias |
| Issue Date: | | 2011 |
| Series/Report no.: | | Discussion Paper, Wirtschaftswissenschaftliche Fakultät, Leibniz Universität Hannover 467 |
| 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. |
| Subjects: | | Happiness religiosity utility function long-run development |
| JEL: | | I31 Z12 O11 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Diskussionspapiere, Wirtschaftswissenschaftliche Fakultät, Universität Hannover
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