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Adaption and anticipation effects to life events in the United Kingdom

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Author Info
Luis Angeles

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Abstract

We analyze how individual happiness is affected by nine major life events using a panel of British individuals. Our aim is to test the importance of hedonic adaptation in the United Kingdom and to compare our results with equivalent ones obtained in the literature using German data. We also study anticipation effects for each life event. We find evidence that adaptation, although a common phenomenon, is not always complete and in some cases may not even be present. Compared to German individuals, the British appear to adapt much less to marriage and much more to unemployment.

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Paper provided by Department of Economics, University of Glasgow in its series Working Papers with number 2009_08.

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Date of creation: Feb 2009
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Handle: RePEc:gla:glaewp:2009_08

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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.:
  1. Luis Angeles, 2009. "Do children make us happier?," Working Papers 2009_10, Department of Economics, University of Glasgow. [Downloadable!]
  2. 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. [Downloadable!] (restricted)
  3. Richard Lucas & Andrew Clark, 2006. "Do People Really Adapt To Marriage?," Journal of Happiness Studies, Springer, vol. 7(4), pages 405-426, November. [Downloadable!] (restricted)
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  4. Andrew E. Clark, 2006. "A note on unhappiness and unemployment duration," PSE Working Papers 2006-23, PSE (Ecole normale supérieure). [Downloadable!]
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  5. Andrew Clark & Ed Diener & Yannis Georgellis & Richard E. Lucas, 2003. "Lags and Leads in Life Satisfaction: A Test of the Baseline Hypothesis," DELTA Working Papers 2003-14, DELTA (Ecole normale supérieure). [Downloadable!]
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  6. Richard E. Lucas & Andrew Clark & Yannis Georgellis & Ed Diener, 2002. "Re-Examining Adaptation and the Setpoint Model of Happiness: Reactions to Changes in Marital Status," DELTA Working Papers 2002-08, DELTA (Ecole normale supérieure). [Downloadable!]
  7. Richard E. Lucas & Andrew Clark & Yannis Georgellis & Ed Diener, 2002. "Unemployment Alters the Set-Point for Life Satisfaction," DELTA Working Papers 2002-17, DELTA (Ecole normale supérieure). [Downloadable!]
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  8. Luis Angeles, 2008. "Adaption or social comparison? The effects of income on happiness," Working Papers 2009_09, Department of Economics, University of Glasgow, revised Jun 2009. [Downloadable!]
  9. Stutzer, Alois & Frey, Bruno S., 2006. "Does marriage make people happy, or do happy people get married?," The Journal of Socio-Economics, Elsevier, vol. 35(2), pages 326-347, April. [Downloadable!] (restricted)
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(explanations, 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.)

  1. Luis Angeles, 2009. "Do children make us happier?," Working Papers 2009_10, Department of Economics, University of Glasgow. [Downloadable!]
  2. Andrew E. Clark & Yarine Fawaz, 2009. "Valuing jobs via retirement: European evidence," PSE Working Papers 2009-18, PSE (Ecole normale supérieure). [Downloadable!]
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This page was last updated on 2009-11-30.

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