The U-shaped relationship between happiness and age: Evidence using World Values Survey data

Edsel Beja

MPRA Paper from University Library of Munich, Germany

Abstract: The paper retests the U-shaped relationship between happiness and age using the cross-classified multilevel regression procedure and the World Values Survey data. The analysis accounts for period and cohort effects. The results reconfirm the pattern that happiness is U-shaped in the life course. That is, happiness decreases from a high-point in young adulthood, reaches a low-point in midlife, and thereafter increases to arrive at another high-point in old age. The results show that the high-point of happiness in old age is lower than the high-point of happiness in young adulthood. That happiness does not return to its initial high-point after it drops to a low-point in midlife is perhaps another stylized fact in the relationship between happiness and age.

Keywords: Happiness; age; U-shaped relationship; multilevel regression (search for similar items in EconPapers)
JEL-codes: I3 J1 (search for similar items in EconPapers)
Date: 2018-06-02
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Citations: View citations in EconPapers (14)

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Related works:
Journal Article: The U-shaped relationship between happiness and age: evidence using world values survey data (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:101078

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