Attenuation and reinforcement mechanisms over the life course

Matteo Richiardi, Patryk Bronka and Justin van de Ven

Journal of Economic Behavior & Organization, 2025, vol. 231, issue C

Abstract: We analyse the complex dynamic feedback effects between different life domains over the life course, providing a quantification of the direct (not mediated) and indirect (mediated) effects. To extend the analysis in scope and time beyond the limitations of existing data, we use a rich dynamic microsimulation model of individual life course trajectories parameterised and validated to the UK context. We interpret findings in terms of the implied attenuation or reinforcement mechanisms at play, and discuss implications for health and economic inequalities.

Keywords: Dynamic microsimulation; Feedback mechanisms; Life course analysis; Life events; Mediation analysis (search for similar items in EconPapers)
JEL-codes: C15 C63 C99 D30 R20 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jeborg:v:231:y:2025:i:c:s0167268125000319

DOI: 10.1016/j.jebo.2025.106911

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