prime age men and women in the United States and Germany during the growth years of the 1980s. Despite major differences in …-specific differences among men, while in Germany random shocks are found to persist longer for men. Women in Germany and the United States …

If satisfaction with life (SWL) is used to measure individual wellbeing, the dispersion of its distribution offers a …

US. There are two potential explanations. First, Europeans prefer more equal societies (inequality belongs in the utility …

Germany from 1984 to 2000. Specifically, we estimate a "happiness equation" defined over several lags of income and status and …

We measure the impact of individuals' looks on life satisfaction/happiness. Using five data sets, from the U.S., Canada …, the U.K., and Germany, we construct beauty measures in different ways that allow placing lower bounds on the effects of … additional satisfaction/happiness among men, 0.12 among women. Accounting for a wide variety of covariates, particularly effects …

relationship between how happy a person feels and utility is an unresolved question. Existing work in Economics either ignores … happiness data or assumes that felt happiness is more or less the same thing as flow utility. The approach we propose in this … "happiness is a sufficient statistic for utility." …