Can Religion Insure against Aggregate Shocks to Happiness? The Case of Transition Countries

Olga Popova

CERGE-EI Working Papers from The Center for Economic Research and Graduate Education - Economics Institute, Prague

Abstract: This paper focuses on the effects of reforms and happiness in transition economies. previous literature suggest that religiousness insures happiness against individual stressful life events, such as unemployment, disability, or marital separation. I estimate an econometric model to study if religion also insures against aggregate shocks to happiness, such as reforms and various changes in political, economic, and social life. The model accounts for the endogeneity of religion and analyzes the effects of religion on life satisfaction, and perceptions of the current economic and political situation in transition countries.

Keywords: happiness; life satisfaction; religion; reforms; transition (search for similar items in EconPapers)
JEL-codes: C21 I31 P20 Z12 (search for similar items in EconPapers)
Date: 2010-10
New Economics Papers: this item is included in nep-tra
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Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Can religion insure against aggregate shocks to happiness? The case of transition countries (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:cer:papers:wp425

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