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note
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In general, we find that the retrospective report of mood on the previous day, which is a global evaluation, shares variance both with the global measures of life satisfaction and with disaggregated measures of emotional experience at particular times.
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We conducted a reliability study of the DRM that asked the same questions of 229 women two weeks apart, and found about the same two-week serial correlation in duration-weighted happiness as in life satisfaction for the respondents.
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33745600319
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note
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See (31) for evidence on the misallocation of commuting time and (14) on the hedonic experience of commuting and socializing.
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29
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It goes without saying that happiness is not the only measure of human welfare. Moreover, although income gains may not contribute very much to experienced happiness or life satisfaction, wealthier societies may well enjoy better health care, safer and cleaner environments, cultural benefits and other amenities that improve the quality of life.
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31
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33745627413
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note
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The authors thank M. Connolly, M. Fifer, and A. Krilla for research assistance, and the Hewlett Foundation, the National Institute on Aging, and Princeton University's Woodrow Wilson School and Center for Economic Policy Studies for financial support.
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