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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 … appear to be more risk-averse in financial decisions, and accordingly choose safer investments. Happy people take more time …
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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. Ten percent increase in happiness decreases probability of death by four …
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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 … that happier people save more, spend less, and have a lower marginal propensity to consume. Happier people take more time …
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-effects estimates suggest that a widening of the happiness gap over time raises the risk of separation. Second, we uncover an asymmetry … 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 …
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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 …
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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 …
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