Does money matter? Explaining the happiness of Canadians
Authors: Andrew Sharpe, Ali Ghanghro, Erik Johnson, and Anam Kidwai
Overview
Abstract (English)
This report explains why people living in certain regions or cities in Canada experience higher levels of life satisfaction or happiness. We make use of micro-level data from the Canadian Community Health Survey for 2007 and 2008. After a descriptive analysis of the data on happiness in Canada, the report identifies, through an econometric analysis of both individual and certain variables in a societal context, the factors that are the most statistically and economically significant determinants of individual happiness. We find that household income is a relatively weak determinant of individual happiness. Perceived mental and physical health status as well as stress levels and sense of belonging are better predictors of happiness. We then use these estimates to account for variation in happiness at the provincial, CMA (Census Metropolitan Area), and health region level, given the characteristics of the population in these geographical units. We find that the most important reason for geographical variations in happiness in Canada is differences in the sense of belonging to local communities, which is generally higher in small CMAs, rural areas, and Atlantic Canada.
Abstract (French)
Please note that abstracts only appear in the language of the publication and might not have a translation.
Details
Type | Report to policy group |
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Author | Andrew Sharpe, Ali Ghanghro, Erik Johnson, and Anam Kidwai |
Publication Year | 2010 |
Title | Does money matter? Explaining the happiness of Canadians |
Journal Name | Center for the Study of Living Standards (CSLS) Research Report 2010-09 |
Publication Language | English |
- Andrew Sharpe
- Andrew Sharpe, Ali Ghanghro, Erik Johnson, and Anam Kidwai
- Does money matter? Explaining the happiness of Canadians
- 2010