Abstract

Using Taiwan’s PSFD data and within-between panel data models, this study investigated the relation between marriage and happiness. It did not find a selection effect, indicating that there is no statistical evidence that married people were happier two or more years before getting married. There was a honeymoon effect during the marriage year. Several samples were constructed to investigate whether happiness level quickly returned to the baseline after marriage. The results of most samples showed that the happiness levels were significantly higher than the baseline within 3 years of marriage. Although the happiness level after the fourth year of marriage is not significant, its magnitude is not small, indicating a diversity of happiness status after 3 years of marriage. Marriage, on average, enhances happiness more and longer for women than for men.