Religiosity as a determinant of happiness
Autor: Erich Gundlach and Matthias Opfinger
Nummer: 467, Mar 2011, pp. 24
JEL-Class: I31, Z12, O11
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.
Zusammenfassung:
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