E. C. Mamatzakis
University of Sussex Business School
Christos Staikouras
Athens University of Economics and
Business
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.
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