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A Note on the Impact of Economic Regulation on Life Satisfaction

Bodo Knoll, Hans Pitlik () and Martin Rode

No 441, WIFO Working Papers from WIFO

Abstract: Are people happier if they experience freedom from regulation, and how do individual attitudes towards liberalisation influence personal life satisfaction? Based on 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.

Keywords: government; regulation; life satisfaction; attitudes; ideology (search for similar items in EconPapers)
Pages: 12 pages
Date: 2012-11-26
New Economics Papers: this item is included in nep-hap, nep-ltv and nep-reg
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