engleski

"Investigating Macroeconomic Determinants of Happiness in Transition Countries: How Important is Government Expenditure?

This paper analyses macroeconomic determinants of happiness in transition countries. We combine the data from surveys about happiness and macroeconomic data, focusing foremost on government expenditure. We find that government expenditure significantly and non-linearly influences happiness in transition countries. Unemployment and GDP per capita are found to be insignificant in their impact. Inflation is significant ; however, its impact is positive, which is contrary to expectations. Our research further shows that successful women care more about government expenditures than unsuccessful men.

happiness; transition countries; government expenditure

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