This paper asks whether the gap in subjective happiness between spouses matters per se, i.e. whether it predicts … household. The relation between happiness gaps and divorce may be due to the fact that couples which are unable to transfer … utility are more at risk than others. It may also be the case that assortative mating in terms of happiness baseline …

This paper presents evidence on causal influence of happiness on social capital and trust using German Socio …-Economic Panel. Exploiting the unexplained cross-sectional variation in individual happiness (residuals) in 1984 to eliminate the … neighborhood, and extend more help to others. Residual happiness appears to be an indicator of optimism, and has an inverse U …

self-reported happiness as a channel through which sunshine affects financial variables. I examine the influence of … happiness on risk-taking behavior by instrumenting individual happiness with regional sunshine, and I find that happy people …

I examine the impact of happiness on consumption and savings behavior using data from the DNB Household Survey from the … Netherlands and the German Socio-Economic Panel. Instrumenting individual happiness with regional sunshine, the results suggest …

happiness levels around the world suggesting that happiness might be one of the causes behind the decline in mortality. We … investigate the relationship between happiness and mortality using the German Socio-Economic Panel. We consider doctor visits …, we find that happiness extends life expectancy. 10 percent increase in happiness decreases probability of death by four …