The goal of this study is to investigate the relationship between philanthropy and life satisfaction, using data from 142 countries. The results show that philanthropy rates are significantly and positively associated with subjective wellbeing. A one standard deviation increase in philanthropy rates is associated with slightly less than half-standard deviation rises in life satisfaction. This association remains significant even after the introduction of a rich set of socio-economic controls.
机构:
Econ Dept, OECD, Paris, FranceEcon Dept, OECD, Paris, France
de Mello, Luiz
Jalles, Joao Tovar
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机构:
Univ Lisbon, Inst Super Econ & Gestao ISEG, Lisbon, Portugal
Univ Lisbon, Res Econ & Math REM, ISEG, Lisbon, Portugal
Univ Lisbon, Res Unit Complex & Econ UECE, ISEG, Lisbon, Portugal
Univ Nova Lisboa, Carcavelos, Portugal
IPAG Business Sch, Paris, France
Univ Lisbon, Inst Super Econ & Gestao ISEG, Rua Quelhas 6, P-1200781 Lisbon, PortugalEcon Dept, OECD, Paris, France