The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …

Research on the consequences of income inequality on subjective well-being has yielded mixed results, including a lack … differentiate between perceived and actual income inequality. Perceptions of inequality matter because individuals often do not know …

The recent surge in analyses of subjective well-being (SWB) and the economics of happiness using large observational … stylized facts into question. This chapter explores the important contributions that happiness-in-the-lab experiments can make … distinction is made between happiness-in-the-lab experiments in which SWB is a dependent versus independent variable, and methods …

In this paper, we test the conventional wisdom in developing countries of ‘more children, more happiness’ by exploiting …