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This dissertation comprises three essays that empirically study different aspects of subjective well-being (SWB) indictors. The first approach takes a methodological angle to assess the reliability and validity of SWB indicators. The second and third essays study the determinants of SWB at the individual level and macroeconomic level, respectively. In particular, the second essay estimates the effect of work transitions on SWB, while the third examines the relationship between income inequality and SWB.

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This document was submitted as a dissertation in May 2014 in partial fulfillment of the requirements of the doctoral degree in public policy analysis at the Pardee RAND Graduate School. The faculty committee that supervised and approved the dissertation consisted of Arie Kapteyn (Chair), Richard Easterlin, and Susann Rohwedder.

This report is part of the RAND Corporation Dissertation series. Pardee RAND dissertations are produced by graduate fellows of the Pardee RAND Graduate School, the world's leading producer of Ph.D.'s in policy analysis. The dissertations are supervised, reviewed, and approved by a Pardee RAND faculty committee overseeing each dissertation.

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