Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/66028
Authors: 
Gundlach, Erich
Opfinger, Matthias
Year of Publication: 
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

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