Research on the consequences of income inequality on subjective well-being has yielded mixed results, including a lack of a statistically significant correlation. We propose that this inconsistency may arise from the failure to differentiate between perceived and actual income inequality....

Most of the literature that exploits business cycle variation at birth to study long-run effects of economic conditions on health later in life is based on pre-1940 birth cohorts. They were born in times where social safety nets were largely absent and they grew up in societies with relatively...

We use recently collected retrospective survey data to estimate the displacement effect of pension wealth on household savings. The third wave of the Survey of Health, Ageing and Retirement in Europe, SHARELIFE, collects information on the entire job history of the respondent, a feature missing...

This chapter provides a narrative review of the literature relating socioeconomic circumstances early in life to mental health and well-being later in life. It starts by highlighting the various contributions focusing on associations, then moves on to the literature attempting to identify causal...

With the ageing of the European population, the housing choices of the elderly will have consequences on the whole housing market. In this paper we use data from the first two waves of the Survey of Health, Ageing and Retirement in Europe (SHARE) to analyse the residential mobility decisions of...

Using longitudinal data from the German Socio-Economic Panel (SOEP), we show that paternal unemployment has a surprisingly positive causal effect on the "Big 5" personality traits of children aged 17 to 25. In particular, our results from longitudinal value-added models for personality suggest...