happiness. However, whether it is accurate is an open question. Based on individual panel data, we explore whether home buyers … systematically overestimate the life satisfaction associated with living in their privately owned property. To identify potential … prediction errors, we compare people's forecasts of their life satisfaction in five years' time with their current realizations …

satisfaction with their actual life satisfaction five years later on. This overoptimism also holds for those entrepreneurs who … reflected in higher working hours than desired and the drop in leisure satisfaction. …

This paper uses 16 waves of panel data from the British Household Panel Survey to evaluate the role of subjective well … their happiness when they lose a job, but they report a smaller fall when they are surrounded by unemployed peers, an effect …