Using data from national socio-economic panel surveys in Australia, Britain and Germany, this paper analyzes the effects of individual preferences and choices on subjective well-being (SWB). It is shown that, in all three countries, preferences and choices relating to life goals/values,...

Since it is still unclear to what extent time allocation retrospectively reported in questionnaires, reflects people's actual behavior, examining the accuracy of responses to time use survey questions is of crucial importance. We analyze the congruence of time use information assessed through...

There are strong two-way links between parent and child happiness (life satisfaction), even for children who have grown up, moved to their own home and partnered themselves. German panel evidence shows that transmission of (un)happiness from parents to children is partly due to transmission of...