Abstract
The importance of creativity is being increasingly recognized by economists; however, the possibility that emotional factors determine creative processes is largely ignored. Building on 1,400 letters written by three famous music composers, I obtain well-being indices that span their lifetimes. The validity of this methodology is shown by linking the indices with biographical information and through estimation of the determinants of well-being. I then exploit the data and provide quantitative evidence on the existence of a causal impact of negative emotions on outstanding creativity, an association hypothesized across several disciplines since the antiquity that has not yet been convincingly established.
Original language | English |
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Journal | Review of Economics and Statistics |
Volume | 99 |
Issue number | 4 |
Pages (from-to) | 591-605 |
ISSN | 0034-6535 |
DOIs | |
Publication status | Published - 1. Oct 2017 |