Publication: Heterogeneity in the relationship between happiness and age: Evidence from the German Socio-Economic Panel
Heterogeneity in the relationship between happiness and age: Evidence from the German Socio-Economic Panel
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Baetschmann, G. (2014). Heterogeneity in the relationship between happiness and age: Evidence from the German Socio-Economic Panel. German Economic Review, 15(3), 393–410. https://doi.org/10.1111/geer.12015
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This paper studies the evolution of life satisfaction over the life course in Germany. It clarifies the causal interpretation of the econometric model by discussing the choice of control variables and the underidentification between age, cohort and time effects. The empirical part analyzes the distribution of life satisfaction over the life course at the aggregated, subgroup and individual level. To the findings: On average, life satisfaction is mildly decreasing up to age fifty-five followed by a hump shape with a maximum at seventy.
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Citations
Baetschmann, G. (2014). Heterogeneity in the relationship between happiness and age: Evidence from the German Socio-Economic Panel. German Economic Review, 15(3), 393–410. https://doi.org/10.1111/geer.12015