Arbeitspapier

Religiosity as a determinant of happiness

The empirical relation between happiness and religiosity is considered from the perspective of basic utility theory. An unbalanced cross-country panel data set is used to study whether religiosity can be considered as a substitute in the happiness function, which itself is held to be a proxy for the utility function. We find that the same level of happiness can be maintained with high and low levels of religiosity due to substitution along a standard indifference curve. Our empirical results are consistent with three stylized facts of the empirical literature, namely a positive correlation between happiness and religiosity, a positive correlation between happiness and income, and a negative correlation between religiosity and income.

Language
Englisch

Bibliographic citation
Series: Research Papers in Economics ; No. 6/12

Classification
Wirtschaft
General Welfare; Well-Being
Cultural Economics: Religion
Macroeconomic Analyses of Economic Development
Subject
Happiness
religiosity
utility function
long-run development

Event
Geistige Schöpfung
(who)
Gundlach, Erich
Opfinger, Matthias
Event
Veröffentlichung
(who)
Universität Trier, Fachbereich IV – Volkswirtschaftslehre
(where)
Trier
(when)
2012

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Gundlach, Erich
  • Opfinger, Matthias
  • Universität Trier, Fachbereich IV – Volkswirtschaftslehre

Time of origin

  • 2012

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