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Adaptation and anticipation effects to life events in the United Kingdom

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  • Angeles, Luis

Abstract

We analyze how individual happiness is affected over time by nine major life events using a panel of British individuals. Our aim is to test for the existence of adaptation and anticipation effects. Adaptation effects are found for all the life events considered with the possible exception of unemployment. Anticipation effects precede events that are easily predicted such as marriage, separation and the birth of a child.

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File URL: http://repo.sire.ac.uk/handle/10943/134
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Bibliographic Info

Paper provided by Scottish Institute for Research in Economics (SIRE) in its series SIRE Discussion Papers with number 2010-01.

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Date of creation: 2010
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Handle: RePEc:edn:sirdps:134

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Keywords: adaptation effects; anticipation effects; happiness; life satisfaction; United Kingdom;

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References

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  1. Clark, Andrew E. & Diener, Ed & Georgellis, Yannis & Lucas, Richard E., 2006. "Lags and Leads in Life Satisfaction: A Test of the Baseline Hypothesis," IZA Discussion Papers 2526, Institute for the Study of Labor (IZA).
  2. Di Tella, Rafael & Haisken-De New, John & MacCulloch, Robert, 2010. "Happiness adaptation to income and to status in an individual panel," Journal of Economic Behavior & Organization, Elsevier, vol. 76(3), pages 834-852, December.
  3. Easterlin, Richard A., 1995. "Will raising the incomes of all increase the happiness of all?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(1), pages 35-47, June.
  4. Richard Lucas & Andrew Clark, 2006. "Do People Really Adapt To Marriage?," Journal of Happiness Studies, Springer, vol. 7(4), pages 405-426, November.
  5. Clark, Andrew E., 2006. "A Note on Unhappiness and Unemployment Duration," IZA Discussion Papers 2406, Institute for the Study of Labor (IZA).
  6. Luis Angeles, 2008. "Adaption or social comparison? The effects of income on happiness," Working Papers 2009_09, Business School - Economics, University of Glasgow, revised Jun 2009.
  7. Stutzer, Alois & Frey, Bruno S., 2005. "Does Marriage Make People Happy, Or Do Happy People Get Married?," IZA Discussion Papers 1811, Institute for the Study of Labor (IZA).
  8. Luis Angeles, 2009. "Do children make us happier?," Working Papers 2009_10, Business School - Economics, University of Glasgow.
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Cited by:
  1. repec:rdg:wpaper:em-dp2012-02 is not listed on IDEAS
  2. Mikko Myrskylä & Rachel Margolis, 2012. "Happiness: before and after the kids," MPIDR Working Papers WP-2012-013, Max Planck Institute for Demographic Research, Rostock, Germany.
  3. repec:hal:wpaper:halshs-00564821 is not listed on IDEAS
  4. Leonardo Becchetti & Elena Giachin Ricca & Alessandra Pelloni, 2009. "Children, Happiness and Taxation," SOEPpapers on Multidisciplinary Panel Data Research 230, DIW Berlin, The German Socio-Economic Panel (SOEP).
  5. 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.
  6. Sarah Jewell & Uma Kambhampati, 2012. "The Role of Personality in Adult Life Satisfaction," Economics & Management Discussion Papers em-dp2012-02, Henley Business School, Reading University.
  7. Leonardo Becchetti & Alessandra Pelloni, . "What are we learning from the life satisfaction literature?," Working Papers 2, Department of the Treasury, Ministry of the Economy and of Finance.
  8. Luis Angeles, 2009. "Do children make us happier?," Working Papers 2009_10, Business School - Economics, University of Glasgow.
  9. Christian von Scheve & Frederike Esche & Jürgen Schupp, 2013. "The Emotional Timeline of Unemployment: Anticipation, Reaction, and Adaptation," SOEPpapers on Multidisciplinary Panel Data Research 593, DIW Berlin, The German Socio-Economic Panel (SOEP).
  10. Luis Angeles, 2010. "Children and Life Satisfaction," Journal of Happiness Studies, Springer, vol. 11(4), pages 523-538, August.
  11. Pedersen, Peder J. & Schmidt, Torben Dall, 2014. "Life Events and Subjective Well-being: The Case of Having Children," IZA Discussion Papers 8207, Institute for the Study of Labor (IZA).
  12. repec:hal:wpaper:halshs-00566855 is not listed on IDEAS

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