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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); Bank of England

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

Abstract:     
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.

Accepted Paper Series

Date posted: December 08, 2004 ; Last revised: December 12, 2004

Suggested Citation

Blanchflower, David G. G and Oswald, Andrew J., Money, Sex and Happiness: An Empirical Study. Scandinavian Journal of Economics, Vol. 106, No. 3, pp. 393-415, September 2004. Available at SSRN: http://ssrn.com/abstract=623334


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Contact Information

David G. G Blanchflower (Contact Author)
Dartmouth College - Department of Economics ( email )
Hanover, NH 03755
United States
603-646-2536 (Phone)
603-646-2122 (Fax)
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Institute for the Study of Labor (IZA)
P.O. Box 7240
D-53072 Bonn Germany
Bank of England
Threadneedle Street
London EC2R 8AH United Kingdom
Andrew J. Oswald
University of Warwick - Department of Economics ( email )
Coventry CV4 7AL United Kingdom
523510 (Phone)
Institute for the Study of Labor (IZA)
Schaumburg-Lippe-Str. 7 / 9
D-53113 Bonn Germany
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