Aarhus University Seal / Aarhus Universitets segl

The Happy Few. Cross-Country Evidence on Social Capital and Life Satisfaction

Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaperJournal articleResearchpeer-review

  • http://www.asb.dk/omos/institutter/departmentofeconomics/
I examine why the populations of certain countries are so much more satisfied with their lives than the rest of the world. In cross-country analyses, income per capita, economic uncertainty and expectations for the future are robust predictors of happiness while a social capital measure emerges strongly and robustly associated with happiness. Moreover, the effect of investing in social capital is remarkably strong compared to the alternatives. I conclude that the populations in a few Northern European countries are probably the happiest in the world because of their high levels of social capital more than their pecuniary affluence.
Original languageEnglish
Pages (from-to)3-16
Number of pages14
Publication statusPublished - 2003

    Research areas

  • Social Capital, Happiness

See relations at Aarhus University Citationformats

ID: 32322352