TY  - RPRT
        AU  - Oswald, Andrew J.
AU  - Proto, Eugenio
AU  - Sgroi, Daniel
        TI  - Happiness and Productivity
        PY  - 2009/Dec/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 4645
        UR  - https://www.iza.org/index.php/publications/dp4645
        AB  - The paper provides evidence that happiness raises productivity. In Experiment 1, a randomized trial is designed. Some subjects have their happiness levels increased, while those in a control group do not. Treated subjects have 12% greater productivity in a paid piece-rate Niederle-Vesterlund task. They alter output but not the per-piece quality of their work. To check the robustness and lasting nature of this kind of effect, a complementary Experiment 2 is designed. In this, major real-world unhappiness shocks – bereavement and family illness – are studied. The findings from (real-life) Experiment 2 match those from (random-assignment) Experiment 1.
        KW  - labor productivity
KW  - emotions
KW  - well-being
KW  - happiness
KW  - positive affect
KW  - experimental economics
        ER  -