We present the first attempt to construct a long-run historical measure of subjective wellbeing using language corpora from millions of digitized books for the USA, UK, Germany, France, Italy and Spain. While existing measures go back at most to the 1970s, our measure goes back at least 200...

The objective of this paper is the joint application of two different methodological concepts for the detection of lead-lag relationships in economic time-series in order to investigate their consistency and their potential complementarity. The first methodology, a time domain analysis based on...

This paper presents empirical evidence that racial diversity and immigrant population at the local level tend to be associated with lower life satisfaction for Whites by matching individual data with the county-level population data during the period 2005-2010. The magnitudes I find suggest that...

With growing wealth inequality in the United States, understanding the implications on individual well-being becomes increasingly important. Prior research has found that economic well-being has a small but significant effect on well-being; however, much of the literature has used income as a...