Oswald, Andrew J.; Proto, Eugenio; Sgroi, Daniel - Institute for the Study of Labor (IZA) - 2009
The paper provides evidence that happiness raises productivity. In Experiment 1, a randomized trial is designed. Some … the robustness and lasting nature of this kind of effect, a complementary Experiment 2 is designed. In this, major real …-world unhappiness shocks – bereavement and family illness – are studied. The findings from (real-life) Experiment 2 match those from …