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Ageing, Health and Life Satisfaction of the Oldest Old: An Analysis for Germany

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  • Wencke Gwozdz

    ()

  • Alfonso Sousa-Poza

    ()

Abstract

This analysis uses data from the German Socio-Economic Panel (GSOEP) and the Survey on Health, Ageing and Retirement in Europe (SHARE) to assess the effect of ageing and health on the life satisfaction of the oldest old (defined as 75 and older). We observe a U-shaped relationship between age and levels of life satisfaction for individuals aged between 16 and approximately 65. Thereafter, life satisfaction declines rapidly and the lowest absolute levels of life satisfaction are recorded for the oldest old. This decline is primarily attributable to low levels of perceived health. Once cohort effects are also controlled for, life satisfaction remains relatively constant across the lifespan.

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Bibliographic Info

Article provided by Springer in its journal Social Indicators Research.

Volume (Year): 97 (2010)
Issue (Month): 3 (July)
Pages: 397-417

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Handle: RePEc:spr:soinre:v:97:y:2010:i:3:p:397-417

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

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Keywords: Life satisfaction; Health; The oldest old;

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References

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  1. Bert G.M. Van Landeghem, 2008. "Human Well-Being over the Life Cycle: Longitudinal Evidence from a 20-Year Panel," LICOS Discussion Papers 21308, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
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Citations

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Cited by:
  1. Landeghem Bert van, 2011. "A Test for the Convexity of Human Well-Being over the Life Cycle: Longitudinal Evidence from a 20-Year Panel," ROA Research Memorandum 008, Maastricht University, Research Centre for Education and the Labour Market (ROA).
  2. Teresa García-Muñoz & Shoshana Neuman & Tzahi Neuman, 2014. "Subjective Health Status of the Older Population: Is It Related to Country-Specific Economic Development Measures?," Working Papers 2014-02, Department of Economics, Bar-Ilan University.
  3. López Ulloa, Beatriz Fabiola & Møller, Valerie & Sousa-Poza, Alfonso, 2013. "How does subjective well-being evolve with age? A literature review," FZID Discussion Papers 72-2013, University of Hohenheim, Center for Research on Innovation and Services (FZID).
  4. Bert Van Landeghem, 2012. "Panel Conditioning and Self-Reported Satisfaction: Evidence from International Panel Data and Repeated Cross-Sections," SOEPpapers on Multidisciplinary Panel Data Research 484, DIW Berlin, The German Socio-Economic Panel (SOEP).
  5. 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.
  6. Wunder, Christoph & Wiencierz, Andrea & Schwarze, Johannes & Küchenhoff, Helmut & Kleyer, Sara & Bleninger, Philipp, 2009. "Well-Being over the Life Span: Semiparametric Evidence from British and German Longitudinal Data," IZA Discussion Papers 4155, Institute for the Study of Labor (IZA).
  7. Van Landeghem, Bert, 2012. "A test for the convexity of human well-being over the life cycle: Longitudinal evidence from a 20-year panel," Journal of Economic Behavior & Organization, Elsevier, vol. 81(2), pages 571-582.
  8. Rebecca Ang & Jiaqing O, 2012. "Association Between Caregiving, Meaning in Life, and Life Satisfaction Beyond 50 in an Asian Sample: Age as a Moderator," Social Indicators Research, Springer, vol. 108(3), pages 525-534, September.
  9. Fischer, Justina AV, 2009. "Happiness and age cycles – return to start…," MPRA Paper 15249, University Library of Munich, Germany.
  10. Gregori Baetschmann, 2012. "Heterogeneity in the Relationship between Happiness and Age: Evidence from the German Socio-Economic Panel," SOEPpapers on Multidisciplinary Panel Data Research 472, DIW Berlin, The German Socio-Economic Panel (SOEP).
  11. Victoria Ateca-Amestoy & Arantza Ugidos, 2013. "The Impact of Different Types of Resource Transfers on Individual Wellbeing: An Analysis of Quality of Life Using CASP-12," Social Indicators Research, Springer, vol. 110(3), pages 973-991, February.
  12. Landeghem Bert van, 2011. "A Test for the Convexity of Human Well-Being over the Life Cycle: Longitudinal Evidence from a 20-Year Panel," Research Memorandum 043, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
  13. Gregori Baetschmann, 2011. "Heterogeneity in the relationship between happiness and age: Evidence from the German Socio-Economic Panel," ECON - Working Papers 047, Department of Economics - University of Zurich.
  14. J. Tomás & P. Sancho & M. Gutiérrez & L. Galiana, 2014. "Predicting Life Satisfaction in the Oldest-Old: A Moderator Effects Study," Social Indicators Research, Springer, vol. 117(2), pages 601-613, June.

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