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
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Englisch
- Bibliographic citation
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Series: Research Papers in Economics ; No. 6/12
- Classification
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Wirtschaft
General Welfare; Well-Being
Cultural Economics: Religion
Macroeconomic Analyses of Economic Development
- Subject
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Happiness
religiosity
utility function
long-run development
- Event
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Geistige Schöpfung
- (who)
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Gundlach, Erich
Opfinger, Matthias
- Event
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Veröffentlichung
- (who)
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Universität Trier, Fachbereich IV – Volkswirtschaftslehre
- (where)
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Trier
- (when)
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2012
- Handle
- Last update
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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