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Religion in Happiness Economics

Student: Artyom Ganin

Supervisor: Andrey Aistov

Faculty: Faculty of Economics

Educational Programme: Economics (Bachelor)

Year of Graduation: 2017

This study presents a comprehensive theoretical and empirical analysis of different aspects of internal and external religiosity that may influence the level of life satisfaction. Special attention is paid to the existence of religious social networks which play a leading role in the realization of the influence of religion on life satisfaction. For the evaluation of these factors two key econometric model were identified: an ordered logit model with 11 specifications and BUC fixed effects model. The analysis showed the importance of considering religious and secular social networks separately from each other, as the latter do not take into account religious social effects. Aspects of internal religiosity are not significant in the case of existence of close friends in the religious congregations. The importance of religious friendship is significant only with a strong religious identity.

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