The mystery of the U-shaped relationship between happiness and age

Paul Frijters () and Tony Beatton

No 26, NCER Working Paper Series from National Centre for Econometric Research

Abstract: In this paper we address the puzzle of the relation between age and happiness. Whilst the majority of psychologists have concluded there is not much of a relationship at all, the economic literature has unearthed a possible U-shape relationship. In this paper we replicate the U-shape for the German SocioEconomic Panel (GSOEP), and we investigate several possible explanations for it.

Keywords: Happiness methodology; unobservables; latent variable (search for similar items in EconPapers)
JEL-codes: C23 C25 I31 (search for similar items in EconPapers)
Date: 2008-08-02
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Persistent link: http://EconPapers.repec.org/RePEc:qut:auncer:2008-15

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