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 data or assumes that felt happiness is more or less the same thing as flow utility. The approach we propose in this … paper steers a middle course between the two polar views that "happiness is irrelevant to Economics" and the view that … "happiness is a sufficient statistic for utility." …

Happiness data--survey respondents' self-reported well-being (SWB)--have become increasingly common in economics …

of adults from 132 countries. I analyze the data on life satisfaction (happiness) and on health satisfaction and look at … their relationships with national income, age, and life-expectancy. Average happiness is strongly related to per capita … inconsistent relationship with happiness. National income moderates the effects of aging on self-reported health, and the decline …

happiness differences are related to differences in inequality. A major concern, however, is spurious correlation due to the …

this paper I review cross-country evidence on happiness and life satisfaction and consider whether these data will likely … be replaced by the U-index. I find that first, that there are many similarities. According to both measures happiness is … large body of data on happiness that is unavailable on the U-index. For example, according to happiness research well …

of happiness. Using data from the Consumer Expenditure Survey (CEX), we examine whether households who contribute to a … services are able to insure their stream of happiness against income shocks and find strong happiness insurance effects for …