On the Causal Impact of Relational Goods on Happiness

Leonardo Becchetti, Elena Giachin Ricca () and Alessandra Pelloni
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Elena Giachin Ricca: Faculty of Economics, University of Rome "Tor Vergata", http://www.ceistorvergata.it

No 151, CEIS Research Paper from Tor Vergata University, CEIS

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)
Pages: 33 pages
Date: 2009-12-04, Revised 2009-12-04
New Economics Papers: this item is included in nep-age, nep-hap and nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: On the Causal Impact of Relational Goods on Happiness (2008)
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