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All Journal Communications in Humanities and Social Sciences
Radikal Yuda Utama
Australian National University
Religion Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Social Sciences

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Giving more enhances your happiness: Evidence from Indonesia Radikal Yuda Utama; Herman Palani; Ahmad Zufar Rabbani
Communications in Humanities and Social Sciences Vol. 1 No. 1 (2021): CHSS
Publisher : Komunitas Ilmuwan dan Profesional Muslim Indonesia (KIPMI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (704.989 KB) | DOI: 10.21924/chss.1.1.2021.8

Abstract

Previous studies revealed that consuming activities and spending money to meet needs can improve individuals’ happiness. Our study showed that spending money, not for personal needs also has a big impact on individuals’ well-being. We used 26,464 observations of 4th  and 5th  waves of the Indonesian Family Life Survey (IFLS) to predict the expenditures for non-personal needs (known as prosocial expenditure) on one's subjective well-being. The estimation result of the probit model showed that pro-social expenditure had a positive correlation with subjective well-being. On average, those who spend more on charity are happier than people who spend less. We also found that prosocial expenditure among Muslim and non-Muslim observations had different effects on happiness and life satisfaction.
Co-Authors Ahmad Zufar Rabbani Herman Palani