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Erscheinungsjahr: 
2011
Schriftenreihe/Nr.: 
GIGA Working Papers No. 163
Verlag: 
German Institute of Global and Area Studies (GIGA), Hamburg
Zusammenfassung: 
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.
Schlagwörter: 
happiness
religiosity
utility function
long-run development
JEL: 
I31
Z12
O11
Dokumentart: 
Working Paper

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