nep-hap New Economics Papers
on Economics of Happiness
Issue of 2017‒07‒30
four papers chosen by
Viviana Di Giovinazzo
Università degli Studi di Milano-Bicocca

  1. The Status-Enhancing Power of Sociability By Alessandro Bucciol; Simona Cicognani; Luca Zarri
  2. Happiness and Public Expenditure: Evidence from a Panel Analysis By Kamal KASMAOUI; Othmane BOURHABA
  3. Multidimensional Welfare Comparisons of EU Member States Before, During, and After the Financial Crisis: A Dominance Approach By Hussain, M. Azhar; Siersbæk, Nikolaj; Østerdal, Lars Peter
  4. Governance and Happiness: Evidence From Citizens? Perception in Pakistan By Sarah Abdul Rahim; Asma Hyder; Qazi Masood Ahmed

  1. By: Alessandro Bucciol (Department of Economics, University of Verona, Italy); Simona Cicognani (Department of Economics, University of Verona, Italy; The Rimini Centre for Economic Analysis); Luca Zarri (Department of Economics, University of Verona, Italy)
    Abstract: This paper shows that individuals' sociability plays an important role in explaining where individuals locate themselves in the social ladder, also when their objective location within society (measured through their income, wealth and education) is considered. Using data from the US Health and Retirement Study, we assess individuals' sociability through the number and quality of friendships and attitude towards others (support, social cohesion, reciprocity, cynical hostility, loneliness and discrimination). We find subjective social status to correlate positively with social contact, reciprocity and social cohesion. Individuals with higher life satisfaction seem disconnected from objective elements when subjectively evaluating their social status.
    Keywords: Subjective social status, Objectively measured social status, Sociability, Personality traits
    JEL: I31 Z13
    Date: 2017–07
    URL: http://d.repec.org/n?u=RePEc:rim:rimwps:17-15&r=hap
  2. By: Kamal KASMAOUI; Othmane BOURHABA
    Abstract: The present study examines empirically the relationship between Happiness and public spending. We use a panel data from 2006 to 2015 for about 132 countries. We first estimated a Pooled, fixed effect and finally a GMM model to deal with the endogeneity problem. Our main findings suggest, first, that high levels of public expenditure are associated with greater Happiness around the world. Second, as expected, social support, Healthy life expectancy, Freedom to make life choices and confidence in national government contribute significantly to Happiness.
    Keywords: Happiness, Public choice, Government spending, GMM
    JEL: H11 H40 H50 I31
    Date: 2017–04
    URL: http://d.repec.org/n?u=RePEc:tac:wpaper:2016-2017_8&r=hap
  3. By: Hussain, M. Azhar (Department of Social Sciences and Business); Siersbæk, Nikolaj (Department of Business and Economics); Østerdal, Lars Peter (Department of Economics)
    Abstract: How did the financial crisis affect population welfare in EU member states in key dimensions such as income, health, and education? Using EU-SILC data, we seek to answer this question by way of first order dominance comparisons between countries and over time. The novel feature of our study is that we perform welfare comparisons on the basis of multi-level multidimensional ordinal data. We find that the countries most often dominated are southern and eastern European member states, and the dominant countries are mostly northern and western European member states. However, for most country comparisons, there is no dominance relationship. Moreover, only a few member states have experienced a temporal dominance improvement in welfare, and no member states have experienced a dominance deterioration.
    Keywords: First order dominance; Multidimensional well-being; Multi-level indicators; EU-SILC
    JEL: I31 O52
    Date: 2017–07–20
    URL: http://d.repec.org/n?u=RePEc:hhs:sdueko:2017_010&r=hap
  4. By: Sarah Abdul Rahim (Institute of Business Administration); Asma Hyder (Institute of Business Administration); Qazi Masood Ahmed (Institute of Business Administartion)
    Abstract: This paper examines the impact of governance on happiness of residents in a developing society. Two major aspects of governance, i.e., democratic and technical governance are used for this analysis. Governance and happiness are measured on the basis of citizen?s perceptions through a survey from all over the country. We find a significant relationship between self perceived governance and happiness. Our estimates suggest that improvement in democratic and technical governance will increase happiness of its citizens. Results carry important implications for a developing country like Pakistan to improve the government institutions and their functioning in order to increase their effectiveness.
    Keywords: Governance, Happiness, Democratic, Technical
    JEL: D02 D00
    Date: 2017–07
    URL: http://d.repec.org/n?u=RePEc:sek:iefpro:4807773&r=hap

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