-post employment outcomes. Finally, believing that one earns more than peers causally leads to large positive effects on happiness …

We measure health inequality during middle and old age by race, ethnicity, and gender and evaluate the extent to which … find staggering health inequality: At age 55, Black men and women have the frailty, or biological age, of White men and … and Hispanic people uncovers even larger health gaps, especially for Black men. Health inequality also emerges as a …

reported in the World Happiness Index and are more comparable to those obtained with the Human Development Index …

-reported happiness. We relate our empirical findings to existing models of elation, reference dependence, and belief formation. In … motivated beliefs), we provide novel results that extend the literature in four dimensions. First, happiness responds to changes …, expectations affect happiness in a nonlinear way, consistent with Gul's model of disappointment aversion, but contrary to other …

Validation of happiness measures is inherently challenging because subjective sensations are unobserved. We introduce a … they would respond (or would have responded) to a survey question about their happiness after the same event. The …

Happiness Report from the Gallup World Poll shifted much in response to negative shocks. The HDI has been rising in the last … has been rising in the last decade. However, so too have negative affect in Europe and despair in the USA …