The effect of material prosperity on happiness: Evidence from Europe
| Thesis title in Czech: | Efekt materiální prosperity na štěstí: Evidence z Evropy |
|---|---|
| Thesis title in English: | The effect of material prosperity on happiness: Evidence from Europe |
| Key words: | Štěstí, Blahobyt, Životní spokojenost, Veřejná politika, Materiální prosperita, Referenční hodnota, Nerovnost |
| English key words: | Happiness, Well-being, Life satisfaction, Public policy, Material prosperity, Reference point, Inequality |
| Academic year of topic announcement: | 2015/2016 |
| Thesis type: | diploma thesis |
| Thesis language: | angličtina |
| Department: | Institute of Economic Studies (23-IES) |
| Supervisor: | Mgr. Barbara Pertold-Gebicka, M.A., Ph.D. |
| Author: | hidden - assigned by the advisor |
| Date of registration: | 27.05.2016 |
| Date of assignment: | 27.05.2016 |
| Date and time of defence: | 21.06.2017 08:30 |
| Venue of defence: | IES |
| Date of electronic submission: | 19.05.2017 |
| Date of proceeded defence: | 21.06.2017 |
| Opponents: | doc. PhDr. Michal Bauer, Ph.D. |
| URKUND check: | |
| Preliminary scope of work in English |
| Motivation
The main objective of this analysis is to evaluate the effect of material prosperity on happiness, taking hierarchical data structure into account. Hypotheses People with higher material prosperity are happier. The relationship is non-linear and depends on peoples reference point. Corruption environment significantly decreases peoples happiness. Outline Motivation: the governments aim to enhance the country's GDP growth in order to increase the material prosperity of citizens to ensure their better living. But is it really material prosperity what drives peoples happiness? Happiness: I will discuss the meaning of happiness and well-being and explain how I will use them. Literature review: I will briefly summarize the literature capturing the relationship between material prosperity and peoples well-being / happiness. Data: I describe the sources and data I will use. Methods: I will explain modern regression methods, including the probit, the logit and the quantile regressions. Results: I will discuss my baseline regressions and robustness checks. Concluding remarks: I will summarize my findings and their implications for policy and future research. |