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On the Causal Impact of Relational Goods on Happiness


Leonardo Becchetti


University of Rome II - Faculty of Economics

Elena Giachin Ricca


University of Rome II

Alessandra Pelloni


University of Rome II, Department of Economics
December 4, 2009

CEIS Working Paper No. 151

Abstract:     
We study the effect of relational goods on life satisfaction. We consider that retirement is an event after which the time investable in personal relationships increases so we instrument social life, which we suspect of being endogenous, with the sample proportion of retired by year. With such approach we document that relational goods have a positive and significant effect on life satisfaction.

Number of Pages in PDF File: 33

Keywords: life satisfaction, relational goods, social capital

JEL Classification: I30, D61 A11, A13

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Date posted: December 7, 2009  

Suggested Citation

Becchetti, Leonardo, Giachin Ricca, Elena and Pelloni, Alessandra, On the Causal Impact of Relational Goods on Happiness (December 4, 2009). CEIS Working Paper No. 151. Available at SSRN: http://ssrn.com/abstract=1518406 or http://dx.doi.org/10.2139/ssrn.1518406

Contact Information

Leonardo Becchetti (Contact Author)
University of Rome II - Faculty of Economics ( email )
Via Columbia, 2
I-00133 Rome
Italy
Elena Giachin Ricca
University of Rome II ( email )
via Columbia 2
Rome, IA Rom 00133
Italy
Alessandra Pelloni
University of Rome II, Department of Economics ( email )
Via Columbia n.2
Rome, rome 00100
Italy
390672595908 (Phone)
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