The empirical determinants of happiness in Brazil

Raphael Bottura Corbi () and Naercio Menezes-Filho

Brazilian Journal of Political Economy, 2006, vol. 26, issue 4, 518-536

Abstract: This paper investigates the role that economic variables play in the determination of happiness, using reported happiness as a proxy to individual well-being. We use microdata extracted from the World Values Survey for five countries, emphasizing the Brazilian case. Our findings suggest that there is a positive and significant correlation between happiness and income. Unemployment is also a large source of unhappiness. In most cases, happiness appears to be positively correlated to being married. Moreover, happiness is apparently U-shaped in age (minimizing at 50s). JEL classification: I31.

Keywords: happiness; well-being; income; unemployment (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:26:y:2006:i:4:p:518-536:id:613

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