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A note on the impact of economic regulation on life satisfaction

Bodo Knoll, Hans Pitlik () and Martin Rode

Applied Economics Letters, 2013, vol. 20, issue 9, 916-920

Abstract: Are people happier if they experience freedom from regulations, and how do individual attitudes towards liberalization influence personal life satisfaction? Based on the data from European and World Values Surveys and the Economic Freedom of the World project, we find evidence for positive effects of low regulation and pro-market attitudes on life satisfaction. Paradoxically, people who are opposed to market-oriented policies sometimes benefit most from deregulation.

Date: 2013
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DOI: 10.1080/13504851.2012.762709

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