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Financial Satisfaction in Old Age: A Satisfaction Paradox or a Result of Accumulated Wealth?

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Author Info

  • Thomas Hansen

    ()

  • Britt Slagsvold

    ()

  • Torbjørn Moum

    ()

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    Abstract

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    File URL: http://hdl.handle.net/10.1007/s11205-007-9234-z
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    Bibliographic Info

    Article provided by Springer in its journal Social Indicators Research.

    Volume (Year): 89 (2008)
    Issue (Month): 2 (November)
    Pages: 323-347

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    Handle: RePEc:spr:soinre:v:89:y:2008:i:2:p:323-347

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    Web page: http://www.springer.com/economics/journal/11135

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    Related research

    Keywords: Financial satisfaction; Age; Satisfaction paradox; Norway; Assets; Debt; Income;

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Quinn, Joseph F, 1987. "The Economic Status of the Elderly: Beware of the Mean," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 33(1), pages 63-82, March.
    2. Angus Deaton, 2007. "Income, Aging, Health and Wellbeing Around the World: Evidence from the Gallup World Poll," NBER Working Papers 13317, National Bureau of Economic Research, Inc.
    3. Easterlin, Richard A., 2006. "Life cycle happiness and its sources: Intersections of psychology, economics, and demography," Journal of Economic Psychology, Elsevier, vol. 27(4), pages 463-482, August.
    4. Ada Ferrer-i-Carbonell & Paul Frijters, 2004. "How Important is Methodology for the estimates of the determinants of Happiness?," Economic Journal, Royal Economic Society, vol. 114(497), pages 641-659, 07.
    5. Bruce Headey & Ruud Muffels & Mark Wooden, 2004. "Money Doesn't Buy Happiness … or Does It? A Reconsideration Based on the Combined Effects of Wealth, Income and Consumption," Melbourne Institute Working Paper Series wp2004n15, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    6. Alex Michalos, 1985. "Multiple discrepancies theory (MDT)," Social Indicators Research, Springer, vol. 16(4), pages 347-413, May.
    7. Headey, Bruce & Wooden, Mark, 2004. "The Effects of Wealth and Income on Subjective Well-Being and Ill-Being," IZA Discussion Papers 1032, Institute for the Study of Labor (IZA).
    8. Esperanza Vera-Toscano & Victoria Ateca-Amestoy & Rafael Serrano-Del-Rosal, 2006. "Building Financial Satisfaction," Social Indicators Research, Springer, vol. 77(2), pages 211-243, 06.
    9. Chiara Seghieri & Gustavo Desantis & Maria Tanturri, 2006. "The Richer, the Happier? An Empirical Investigation in Selected European Countries," Social Indicators Research, Springer, vol. 79(3), pages 455-476, December.
    10. Ruut Veenhoven, 1999. "Quality-of-Life in Individualistic Society," Social Indicators Research, Springer, vol. 48(2), pages 159-188, October.
    11. Wojciech Kopczuk & Joseph P. Lupton, 2007. "To Leave or Not to Leave: The Distribution of Bequest Motives," Review of Economic Studies, Oxford University Press, vol. 74(1), pages 207-235.
    12. Cynthia Fletcher & Frederick Lorenz, 1985. "Structural influences on the relationship between objective and subjective indicators of economic well-being," Social Indicators Research, Springer, vol. 16(3), pages 333-345, April.
    13. Geraldine Olson & Brigitte Schober, 1993. "The satisfied poor," Social Indicators Research, Springer, vol. 28(2), pages 173-193, February.
    14. ED Diener & Carol Diener, 1995. "The wealth of nations revisited: Income and quality of life," Social Indicators Research, Springer, vol. 36(3), pages 275-286, November.
    15. Katherine A. Kiel & Jeffrey E. Zabel, 1999. "The Accuracy of Owner-Provided House Values: The 1978-1991 American Housing Survey," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 27(2), pages 263-298.
    16. Ed Diener & Robert Biswas-Diener, 2002. "Will Money Increase Subjective Well-Being?," Social Indicators Research, Springer, vol. 57(2), pages 119-169, February.
    17. Crystal, Stephen & Shea, Dennis, 1990. "The Economic Well-Being of the Elderly," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 36(3), pages 227-47, September.
    18. Randolph Mullis, 1992. "Measures of economic well-being as predictors of psychological well-being," Social Indicators Research, Springer, vol. 26(2), pages 119-135, March.
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    Citations

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    Cited by:
    1. Plagnol, Anke C., 2011. "Financial satisfaction over the life course: The influence of assets and liabilities," Journal of Economic Psychology, Elsevier, vol. 32(1), pages 45-64, February.
    2. Thomas Hansen, 2012. "Parenthood and Happiness: a Review of Folk Theories Versus Empirical Evidence," Social Indicators Research, Springer, vol. 108(1), pages 29-64, August.
    3. Jean Caron, 2012. "Predictors of Quality of Life in Economically Disadvantaged Populations in Montreal," Social Indicators Research, Springer, vol. 107(3), pages 411-427, July.
    4. John Grable & Sam Cupples & Fred Fernatt & NaRita Anderson, 2013. "Evaluating the Link Between Perceived Income Adequacy and Financial Satisfaction: A Resource Deficit Hypothesis Approach," Social Indicators Research, Springer, vol. 114(3), pages 1109-1124, December.

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