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Journal of Happiness Studies

, Volume 16, Issue 1, pp 67–76 | Cite as

Does Happiness Converge?

  • Nicholas Apergis
  • Yannis Georgellis
Research Paper

Abstract

Using the Phillips and Sul (Econometrica 75:1771–1855, 2007) club convergence and clustering procedure, we examine happiness convergence dynamics across Europe. Although we reject the hypothesis of full convergence, we find evidence of distinct happiness convergence clubs. Against the background of a weak link between income and happiness in the existing literature, we advocate that happiness convergence is a legitimate policy goal on its own right as well as a useful barometer of changes in the political landscape, societal values, and citizens’ sentiments about developments in the European Union.

Keywords

Panel convergence Happiness Life satisfaction European Union 

JEL Classification

E6 C23 

Notes

Acknowledgments

We thank Donggyu Sul for making the Gauss code available to us. A sample code can be downloaded from Donggyu Sul’s homepage: http://homes.eco.auckland.ac.nz/dsul013/. The usual disclaimer applies. We also thank the precious comments provided by two reviewers of this journal which enhanced the quality of this paper.

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Copyright information

© Springer Science+Business Media Dordrecht 2014

Authors and Affiliations

  1. 1.Department of Banking and Financial ManagementUniversity of PiraeusPiraeusGreece
  2. 2.CRESS-Center for Research in Employment, Skills and Society, Kingston Business SchoolKingston University LondonKingston-upon-ThamesUK

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