The curved relationship between subjective well-being and age

Andrew Clark and Andrew Oswald

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Abstract: This article is concerned with a body of work on happiness and age represented by important papers such as Mroczek and Kolarz (1998) and Mroczek and Spiro (2005). Using a large British data set, the paper presents new longitudinal evidence. It also points out that, perhaps unknown to many psychologists, a parallel literature on this topic exists in economics journals. The paper shows that subjective well-being follows a U-shape through the life course. We argue that eventually the two literatures will have to be made consistent with one another, and suggest that, although it is not easy to live in both worlds, with their different styles and conventions, economists and psychologists still have much to learn from one another.

Keywords: happiness; ageing; well-being; revenu; bien-être; comparaisons sociales; accoutumance; politique économique (search for similar items in EconPapers)
Date: 2006-10
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00590404v1
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Citations: View citations in EconPapers (40)

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Working Paper: The curved relationship between subjective well-being and age (2006)
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