Happiness and productivity
Oswald, Andrew J. , Proto, Eugenio and Sgroi, Daniel (2008) Happiness and productivity. Working Paper. Coventry: University of Warwick, Department of Economics. (Warwick economic research papers.
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Little is known by economists about how emotions affect productivity. To make persuasive progress, some way has to be found to assign people exogenously to different feelings. We design a randomized trial. In it, some subjects have their happiness levels increased, while others in a control group do not. We show that a rise in happiness leads to greater productivity in a paid piece-rate task. The effect is large ; it can be replicated ; it is not a reciprocity effect ; and it is found equally among males and females. We discuss the implications for economics.
|Item Type:||Working or Discussion Paper (Working Paper)|
|Subjects:||H Social Sciences > HD Industries. Land use. Labor
B Philosophy. Psychology. Religion > BF Psychology
|Divisions:||Faculty of Social Sciences > Economics|
|Library of Congress Subject Headings (LCSH):||Emotions -- Economic aspects, Happiness -- Testing, Industrial productivity -- Psychological aspects, Economics -- Psychological aspects -- Research|
|Series Name:||Warwick economic research papers|
|Publisher:||University of Warwick, Department of Economics|
|Place of Publication:||Coventry|
|Date:||21 December 2008|
|Number of Pages:||44|
|Status:||Not Peer Reviewed|
|Access rights to Published version:||Open Access|
|Version or Related Resource:||Oswald, A.J., Proto, E and Sgori, D. (2008). Happiness and productivity. [Bonn] : IZA. (IZA Discussion Paper no.4645).|
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