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It is widely accepted that individual happiness is not, or not solely, related to material possessions, at least once basic needs are fulfilled. It has been demonstrated that interpersonal relationships and social capital matter too, and people whose values are more centred on material possessions have a greater probability of being less happy. Is this still true during the COVID-19 pandemic, when interpersonal relations, health and economic security are threatened and feelings of insecurity emerge? This is the issue that we address in this paper. We exploited the unique natural situation of the pandemic and lockdown in Italy to investigate the relationship between happiness and relational and material goods. Data collected by questionnaire during the lockdown suggests that the main direct effect of the pandemic on the happiness of respondents was related to the effect of the pandemic and lockdown on interpersonal relationships. Those who declared that COVID and lockdown had jeopardized their interpersonal relationships were significantly less likely to report higher levels of happiness, especially when controlling for other personal and contextual covariates. An important gender, religious and town size effect also emerged. Moreover, relational goods and good health were considered to be the most important determinants of happiness, though people were not so worried about their own health. [ABSTRACT FROM AUTHOR]

Abstract: Using an Italian survey, we investigate the effect of height on individual happiness. We find that a large part of the effect of height on well-being is driven by a positive correlation between height and economic and health conditions. However, for young men the effect of height on happiness persists even after controlling for these variables, implying that height is associated with some psycho-social direct effects on well-being. Consistent with this hypothesis, we find that men care not only about their own height but also about the height of others in their reference group. Well-being is greater for individuals who are taller than other men in their reference group. Results are robust to different definitions of reference group and controlling for a number of other reference group characteristics. [Copyright &y& Elsevier]