Open AccessWhat is the Impact of Financial Shock on Reaching Happiness Frontier?
Author(s) -
Emmanuel Mamatzakis,
Christos Staikouras
Publication year - 2019
Publication title -
macro management and public policies
Language(s) - English
Resource type - Journals
ISSN - 2661-3360
DOI - 10.30564/mmpp.v1i1.533
Subject(s) - frontier , openness to experience , nexus (standard) , shock (circulatory) , extraversion and introversion , happiness , big five personality traits , neuroticism , personality , economics , causality (physics) , psychology , monetary economics , political science , social psychology , computer science , medicine , physics , quantum mechanics , law , embedded system
This paper provides a framework to reveal happiness frontier based on British Household Panel Survey. Thereafter we focus on what is the impact of financial shock on reaching the frontier. By doing so we also explore the nexus between personality traits, such as extraversion, neuroticism, and openness, and the financial shock. We further reveal the underlying causality threads.