On the Causal Impact of Relational Goods on Happiness
University of Rome II - Faculty of Economics
Elena Giachin Ricca
University of Rome II
University of Rome II, Department of Economics
December 4, 2009
CEIS Working Paper No. 151
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, A13working papers series
Date posted: December 7, 2009
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo5 in 0.750 seconds