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 …

in the effect of happiness gaps: couples are more likely to break-up when the difference in life satisfaction is …This paper asks whether the gap in subjective happiness between spouses matters per se, i.e. whether it predicts … divorce. We use three panel databases to explore this question. Controlling for the level of life satisfaction of spouses, we …

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 …

results for women. These shocks are mirrored by variations in life satisfaction of the same nature (e.g. increased life … satisfaction in case of unexpected positive health shocks). Other indicators of mental and physical health taken from the SF-36 …