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The happiness of economists: Estimating the causal effect of studying economics on subjective well-being

机译:经济学家的幸福:估计学习经济学对主观幸福感的因果影响

摘要

This is the first paper that studies the causal effect of studying economics on subjective well being. Based on a survey among 918 students of economics and other social sciences, we estimate the effects of studying in the different fields on individual life satisfaction. Controling for personal characteristics we apply innovative instrumental variable methods developed in labor and conflict economics. We find a positive relationship between the study of economics and individual well-being. Additionally, we also find that income and future job chances are the most important drivers of happiness for participants of our survey.
机译:这是第一篇研究经济学对主观幸福感因果关系的论文。基于对918名经济学和其他社会科学专业学生的调查,我们估计了不同领域学习对个人生活满意度的影响。为了控制个人特征,我们采用了在劳动和冲突经济学中开发的创新性工具变量方法。我们发现经济学研究与个人福祉之间存在正相关关系。此外,我们还发现,收入和未来的工作机会是本次调查参与者幸福感的最重要驱动因素。

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