with household income. The paper uses household economic panel data from five countries - Australia, Britain, Germany … countries wealth affects life satisfaction more than income. In the countries for which consumption data are available (Britain … and Hungary), non-durable consumption expenditures also prove at least as important to happiness as income. Further …

The purpose of this study is to investigate the effect of a spouse's health shock on own risk attitudes. A spouse …'s health shock (i.e., the occurrence of a severe disease) can influence own expectations about the probability of falling ill …, a health shock may act as a wake-up call to enjoy life and may increase risk willingness. Using German Socio Economic …

argue that the German government handled the immediate response to the energy shock well, but subsequently waited too long … controls as an optimal policy response to an energy shock within a general equilibrium framework. We develop a simple … generate endogenous price uncertainty in the wake of an energy shock. We also link our analysis to the so-called sunspot …