Eudaimonic happiness as a leading health indicator
Maria Bachelet (),
Leonardo Becchetti and
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Maria Bachelet: Associazione Italiana per la Cultura della Cooperazione e del Non Profit, Postal: Faculty of Economics Forlì – P.le della Vittoria 15 - 47121 Forlì – Tel. 054362327, http://aiccon.it/
No 150-2016, AICCON Working Papers from Associazione Italiana per la Cultura della Cooperazione e del Non Profit
Eudaimonic happiness (measured in terms of sense of life) is a relatively unexplored subjective wellbeing indicator. The empirical findings presented in this paper show that it has a significant and quantitatively remarkable correlation with the future insurgence of some chronic diseases and the reduction of most functionalities in the ageing population. These results document that eudaimonic happiness is a relevant leading indicator of future health outcomes and expenditure and that its impact is independent from that of the traditional life satisfaction measure.
Keywords: eudaimonic satisfaction; health outcomes; functionalities; life satisfaction (search for similar items in EconPapers)
JEL-codes: I12 I31 (search for similar items in EconPapers)
Pages: 40 pages
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Persistent link: https://EconPapers.repec.org/RePEc:ris:aiccon:2016_150
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