Some European countries have mastered a happiness trick?

Using Eurobarometer data for 21 Western European countries since 1973 we show the U-shape in life satisfaction by age, present for so long, has now vanished. In 13 northern European countries – Belgium, Denmark, Finland, Germany, Iceland, Ireland, Luxembourg, the Netherlands, Norway, Sweden, Switzerland, Turkey and the UK – the U-shape has been replaced by life satisfaction rising in age. We confirm these findings with evidence from the European Social Surveys, the Global Flourishing Survey and Global Minds. Evidence of change in the U-shape is mixed for Austria and France. In six southern European countries – Cyprus, Greece, Italy, Malta, Spain and Portugal – the U-shape was replaced by life satisfaction declining in age. In these southern European countries, life satisfaction of the young has been rising since around 2015. A contributory factor is the rapid decline in youth unemployment from its 2015 peak.

Here is the full NBER paper by David G. Blanchflower and Alex Bryson.