A Note on the Impact of Economic Regulation on Life Satisfaction

Publication Type
Working paper
Authors
Knoll, Bodo; Pitlik, Hans; Rode, Martin
Year of publication
2012
Published in
WIFO Working Papers
Page (from - to)
10
Abstract

Are people happier if they experience freedom from regulation, and
how do individual attitudes towards liberalization influence personal
life satisfaction? Based on data from European and World Values
Surveys and the Economic Freedom of the World project we find
evidence for positive effects of low regulation and pro-market attitudes
on life satisfaction. Paradoxically, people who are opposed to marketoriented
policies sometimes benefit most from deregulation.

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