• Urvi Gaur

In this paper, we explore the relationship between subjective religiosity and socio-economic variables of subjective well-being like happiness, tolerance to diversity, gender parity by segregating 149 countries from The World Values Survey, Wave 6, 2014 into the low, middle, and high-income countries. We note the correlation between various variables against the self-reported subjective religiosity of individuals and also make use of The World Peace Index (2011-14) and Human Freedom Index (2011-14). We hypothesize the existence of a positive correlation between religiosity and tolerance due to both of their individual positive correlations with happiness and, in turn, with the standard of living. The data and literature reflect a discrepancy between the expected relationship. Though higher religiosity leads to individuals reporting higher levels of happiness, we fail to find a coherent relationship between religiosity and other variables like gender parity, tolerance towards LGBTQ+ communities, political orientation, etc. The inconsistencies highlight the need for further investigation into the complex relationship between religiosity, economic status, and economic well-being.

Subjective Well-being; Happiness; Standard of Living; World Value Survey; Religiosity; Tolerance; Gender; Diversity

"Religion, Diversity And Economic Well-being: A Study On The Understanding of the Inconsistencies", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 10, page no.c118-c131, October-2021, Available :http://www.jetir.org/papers/JETIR2110217.pdf

"Religion, Diversity And Economic Well-being: A Study On The Understanding of the Inconsistencies", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 10, page no. ppc118-c131, October-2021, Available at : http://www.jetir.org/papers/JETIR2110217.pdf