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satisfaction. It answers the question of whether trustful people are happier than suspicious people. Using the concept of social … subjective life satisfaction, was tested using the method of structural equation modelling …
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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 endogeneity problem, the paper finds that happier people...
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