LIFE SATISFACTION AND HAPPINESS WITH REGARD TO HUMAN CAPITAL AND RELIGIOSITY IN TURKEY
LIFE SATISFACTION AND HAPPINESS WITH REGARD TO HUMAN CAPITAL AND RELIGIOSITY IN TURKEY

Summary/Abstract: This paper contributes to literature by investigating empirically the determinant factors on life satisfaction and happiness with respect to the quality of human capital and religiosity by using World Values Survey (WVS) data on Turkey. The key findings are that: (i) people with high skills and higher income tend to be unhappy and unsatisfied with their lives; (ii) cognitive workers who have higher educational attainment, who are employed, and who believe that their fate is shaped by themselves are more likely satisfied by their lives; whereas manual workers with high number of children and with higher skill level are less satisfied; (iii) individual and social religiosity have also a strong positive impact on happiness and life satisfaction for manual workers. Our findings also confirm the importance of a core set of demographic variables in estimating the individual happiness and life satisfaction such as gender, age, and marital status.

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