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Type | Working Paper |
Scope | Discipline-based scholarship |
Title | Happiness, Economy and Institutions |
Organization Unit | |
Authors |
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Language |
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Institution | University of Zurich |
Series Name | Working paper series / Institute for Empirical Research in Economics |
Number | No. 15 |
ISSN | 1424-0459 |
Date | 1999 |
Abstract Text | "A cross-regional econometric analysis is conducted suggesting that institutional factors in the form of direct democracy (via initiatives and referenda) and of federal structure (local autonomy) systematically and sizeably raise self-reported individual well-being. This positive effect can be attributed to political outcomes closer to voters preferences as well as to the procedural utility of political participation. Moreover, the results of ""standard"" microeconometric well-being functions previously published are supported. Unemployment among economic variables and bad health among demographic variables have a strongly depressing effect on happiness. Income only significantly raises happiness for higher income groups." |
Official URL | http://www.econ.uzh.ch/wp.html |
PDF File | Download from ZORA |
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