On the determinants of happiness: a classification and regression tree (CART) approach

Sergio Galletta

Applied Economics Letters, 2016, vol. 23, issue 2, 121-125

Abstract: This article studies the determinants of the individual's subjective well-being by applying a classification and regression tree (CART) analysis to data from the Survey on Household Income and Wealth (SHIW) provided by the Bank of Italy. The results support the primary importance of economic conditions but show that their effect is heterogeneously dependent on other individual characteristics.

Date: 2016
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DOI: 10.1080/13504851.2015.1054066

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