Do subjective indicators measure welfare?: Evidence from 33 European societies

By T. Fahey, E. Smyth. European Societies: The Official Journal of the European Sociological Association, 2004

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International Happiness: A New View on the Measure of Performance (2011, background): “Hagerty and Veenhoven (2003), Fahey and Smyth (2004), Powdthavee”
Good Job, Good Life? Working Conditions and Quality of Life in Europe (2010, background): “Life satisfaction differs a great deal among individuals and between European countries (Fahey and Smyth 2004; Präg et al. 2010a; Szücs et al. 2010) and is to a large extent affected by societal contexts in which individuals live (Böhnke 2008).”
Estimating worldwide life satisfaction (2008, background): “Fahey and Smyth (2004) have argued that a good deal of international variation in subjective indicators can be explained by absolute differences in welfare, thus implying that they are valid tools at this level of analysis.”
Do we really know what makes us happy A review of the economic literature on the factors associated with subjective well-being (2008, background): “Fahey and Smyth (2004) argue that the significance of GDP quartile when holding income constant suggests that relatives between countries matters.”