Happiness and Productivity
Eugenio Proto () and
No 4645, IZA Discussion Papers from Institute for the Study of Labor (IZA)
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.
Keywords: labor productivity; emotions; well-being; happiness; positive affect; experimental economics (search for similar items in EconPapers)
JEL-codes: D03 J24 C91 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eff, nep-exp, nep-hap, nep-hpe and nep-neu
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Journal Article: Happiness and Productivity (2015)
Working Paper: Happiness and Productivity (2013)
Working Paper: Happiness and Productivity (2008)
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