Young, Employed — and Unhappy?

via cepr.org

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For decades, economists could rely on a comforting graph about happiness over a lifetime: It followed a U-shape, like a smile. Young people were carefree and happy. Middle age was rough but joy returned again in old age. This wasn’t a flimsy finding. More than 600 academic papers, published from 1980 to 2020, documented this […]

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