Continued improvements in life expectancy and fiscal insolvency of public pensions have led to an increase in pension entitlement ages in several countries, but its consequences for subjective well-being are largely unknown.Financial consequences of retirement complicate the estimation of...

East Asia is undergoing a rapid demographic transition and "super" aging. As a result of steadily decreasing fertility and increasing life expectancy, older people's proportion of the population and the old-age dependency ratio is rising across all countries in East Asia, particularly in the...

How does retirement influence subjective well-being? Some studies suggest retirement does not affect subjective well-being or may improve it. Others suggest it adversely affects it. This paper aims at advancing our understanding of the effect of retirement on subjective well-being by (1) using...

Using the American Life Panel, we conduct an experiment to investigate the relations between various evaluative and experienced well-being measures based on the English Longitudinal Study of Aging, the Gallup Wellbeing Index, and a 12-item Hedonic Well-Being module. We find that all evaluative...