on the job satisfaction of workers who are close to retirement. The reform implies that public sector workers born on … public sector workers born in 1949 and 1950, we find strong and persistent effects on job satisfaction that are sizable … compared to income effects on well-being. The drop in satisfaction is strongly affected by social comparisons with colleagues …

attitudes to focus less on objective variables and more on subjective well-being (SWB). Studies investigating life satisfaction …

paid work hours are negatively correlated with life satisfaction, our results suggest that inequality of well-being may …

large loss of satisfaction experienced by individuals in old age. …

This paper uses Japanese data which includes measures of self-declared satisfaction, reference-group income, and the … colleagues, and compare their incomes more. The relationship between satisfaction and others' income is negative, and more … cell-mean income in explaining satisfaction, and would arguably make a useful addition to many existing surveys. …