The relationship between happiness, health, and socio-economic factors: results based on Swedish microdata |
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Authors: | Ulf-G Gerdtham Magnus Johannesson |
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Institution: | 1. University of Luxembourg, 11 Porte des Sciences, Esch-sur-Alzette L-4366, Luxembourg;2. Paris School of Economics – CNRS and University of Luxembourg, 48 Boulevard Jourdan, Paris 75014, France;3. IAE-CSIC and Barcelona School of Economics, C/ de Ramon Trias Fargas, 25-27, Barcelona 08005, Spain;4. Economics Department, Leeds University Business School, Leeds LS2 9JT, UK;5. DIW Berlin, Mohrenstr. 58, Berlin 10117, Germany;1. Institute of Economics, Academia Sinica, No. 128, Section 2, Academia Road, Nankang, Taipei, 115, Taiwan;2. Centre for Economic Performance, London School of Economics, Houghton Street, London, WC2A 2AE, UK;3. Warwick Business School, University of Warwick, Coventry, CV4 7AL, UK;5. Department of Economics, National University of Singapore, 1 Arts Link AS2 06-02, 117570, Singapore |
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Abstract: | This paper investigates the relationship between happiness (utility) and a host of socio-economic variables in a random sample of over 5,000 individuals from the Swedish adult population. The results show that happiness increases with income, health and education and decreases with unemployment, urbanisation, being single, and male gender. The relationship between age and happiness is U-shaped, with happiness being lowest in the age-group 45–64 years. |
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Keywords: | Happiness Utility Health Socioeconomic factors |
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