Money, Sex and Happiness: An Empirical Study
David G. Blanchflower
Dartmouth College - Department of Economics; National Bureau of Economic Research (NBER); Institute for the Study of Labor (IZA); Peter G. Peterson Institute for International Economics
Andrew J. Oswald
University of Warwick - Department of Economics; Institute for the Study of Labor (IZA)
Scandinavian Journal of Economics, Vol. 106, No. 3, pp. 393-415, September 2004
The links between income, sexual behavior and reported happiness are studied using recent data on a sample of 16,000 adult Americans. The paper finds that sexual activity enters strongly positively in happiness equations. Higher income does not buy more sex or more sexual partners. Married people have more sex than those who are single, divorced, widowed or separated. The happiness-maximizing number of sexual partners in the previous year is calculated to be 1. Highly educated females tend to have fewer sexual partners. Homosexuality has no statistically significant effect on happiness.
Number of Pages in PDF File: 24Accepted Paper Series
Date posted: December 8, 2004
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