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Life satisfaction and age: Dealing with underidentification in age-period-cohort models

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  • de Ree, Joppe
  • Alessie, Rob

Abstract

Recent literature typically finds a U shaped relationship between life satisfaction and age. Age profiles, however, are not identified without forcing arbitrary restrictions on the cohort and/or time profiles. In this paper we report what can be identified about the relationship between life satisfaction and age without applying such restrictions. Also, we identify the restrictions needed to conclude that life satisfaction is U shaped in age. For the case of Germany, we find that the relationship between life satisfaction and age is indeed U shaped, but only under the untestable condition that the linear time trend is negative and that the linear trend across birth cohorts is practically flat.

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Bibliographic Info

Article provided by Elsevier in its journal Social Science & Medicine.

Volume (Year): 73 (2011)
Issue (Month): 1 (July)
Pages: 177-182

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Handle: RePEc:eee:socmed:v:73:y:2011:i:1:p:177-182

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Related research

Keywords: Aging Life satisfaction Well-being Happiness;

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Cited by:
  1. Cheng, Terence C. & Powdthavee, Nattavudh & Oswald, Andrew J., 2014. "Longitudinal Evidence for a Midlife Nadir in Human Well-being: Results from Four Data Sets," CAGE Online Working Paper Series 187, Competitive Advantage in the Global Economy (CAGE).
  2. Miniaci, Raffaele & Han, Wei & Cavapozzi, Danilo, 2013. "Alternative weighting structures for multidimensional poverty assessment," Research Report 13018-EEF, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
  3. Piper, Alan T., 2014. "Sliding down the U-shape? An investigation of the age-well-being relationship, with a focus on young adults," MPRA Paper 55819, University Library of Munich, Germany.
  4. Ning Li, 2014. "Multidimensionality of Longitudinal Data: Unlocking the Age-Happiness Puzzle," Melbourne Institute Working Paper Series wp2014n04, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
  5. Marzieh Abolhassani & Rob Alessie, 2013. "Subjective Well-Being Around Retirement," De Economist, Springer, vol. 161(3), pages 349-366, September.

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