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On the Causal Impact of Relational Goods on Happiness

Leonardo Becchetti, Elena Giachin Ricca () and Alessandra Pelloni
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Elena Giachin Ricca: University of Rome "Tor Vergata"

Rivista di Politica Economica, 2008, vol. 98, issue 5, 199-232

Abstract: 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

Keywords: life satisfaction; relational goods; social capital (search for similar items in EconPapers)
JEL-codes: A11 A13 D61 I30 (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (5)

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