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Issues in the estimation of dynamic happiness models: A Comment on "Does childhood predict adult life satisfaction?"

Alan Piper and Geoffrey T. Pugh

No 2015-63, Economics Discussion Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: This short note offers methodological comments on an 'Economic Journal' article (Frijters, P., Johnston, D.W. and Shields, M.A. (2014). Does Childhood Predict Adult Life Satisfaction? Evidence from British Cohort Surveys. 'Economic Journal' 124(580): F688-F719). The comments consider its use of a dynamic model - the inclusion of a lagged dependent variable - and its employment of General Method of Moments (GMM) estimation.

Keywords: Life Satisfaction; dynamic panel analysis; GMM (search for similar items in EconPapers)
JEL-codes: I31 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-hap
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Citations: View citations in EconPapers (1)

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