Abstract

At the individual level, income is not the only and important factor that explains happiness. It can be concluded from several cross-section studies that- after controlling for inter correlations - health, marital status, ethnicity, presence of young children and religious affiliation are relevant too. Despite a secular rise in real income in the richer part of the world, happiness has not increased. Two factors that may account for this - health and family type - are discussed in this paper. Special attention is paid to the impact of obesity and the growing incidence of divorce and separation.

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