, approximately 500,000 individuals. It checks that the key results are not due to cohort effects. Nor do we rely on simple life-satisfaction …

threshold. Notably, retirement manifests significant gender heterogeneity in its influence on life satisfaction, leading to an …

Happiness Report from the Gallup World Poll shifted much in response to negative shocks. The HDI has been rising in the last …, although it fell slightly after 2020 as life expectancy dipped. This secular improvement is mirrored in life satisfaction which …

-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 …

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