The paper uses household economic panel data from five countries – Australia, Britain, Germany, Hungary and The Netherlands – to provide a reconsideration of the impact of economic well-being on happiness. The main conclusion is that happiness is considerably more affected by economic...

Accepted international assessments of living standards in retirement rely on comparing social pension incomes. These assessments conclude that European countries with contributory pension schemes provide retirees with higher living standards than liberal Anglo-American regimes in which many...

An adequate theory of happiness or subjective well-being (SWB) needs to link at least three sets of variables: stable person characteristics, life events and measures of well-being (life satisfaction, positive affects) and ill-being (anxiety, depression, negative affects). By including...