Is Happiness U-shaped Everywhere? Age and Subjective Well-being in 145 Countries
David Blanchflower ()
No 530, GLO Discussion Paper Series from Global Labor Organization (GLO)
A large empirical literature has debated the U-shaped happiness-age curve. This paper re-examines the relationship between various measures of well-being and age in one hundred and forty-five countries, including one hundred and nine developing countries, controlling for education, marital and labor force status, among others on samples of individuals under the age of seventy. The curve is forcefully confirmed with an age minimum, or nadir, in midlife around age fifty, employing separate analyses for developing and advanced countries as well as for the continent of Africa as robustness checks. While panel data are largely unavailable for this issue, and the finding using such data largely confirms the cross-section results, the paper discusses insights on why cohort effects do not drive the findings. I find the minima has risen over time in Europe and the United States. The happiness curve seems to be everywhere.
Keywords: Well-being; Happiness; U-shape in Age (search for similar items in EconPapers)
JEL-codes: I31 P51 D6 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gen, nep-hap, nep-ltv and nep-ore
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:glodps:530
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