English title: The Economics of Happiness: A study of the relationship between income and happiness in Europe

Author(s): Corizandy Camacho Gonzalez -

Language: English

Type: Thesis / dissertation

Year: 2013


The present paper analyses the relationship between income and happiness (well-being, level of satisfaction) based on one of the most popular theories on the subject: The Easterlin Paradox. The main goal is to observe through an ordered logistic regression how important pecuniary and non-pecuniary factors affect the lives of the European citizens interviewed by the European Social Survey in 2006/2007. The research´s results reveal that if it is true that the level of income affects our level of happiness, this implication dilutes as we include the non-pecuniary factors in our analysis.


Awarding institution: Uppsala University

Number of pages: 0

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