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

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  • Gwozdz, Wencke

    ()
    (Copenhagen Business School)

  • Sousa-Poza, Alfonso

    ()
    (University of Hohenheim)

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

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 4053.

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Length: 40 pages
Date of creation: Mar 2009
Date of revision:
Publication status: published in: Social Indicators Research, 2010, 97(3), 325-339
Handle: RePEc:iza:izadps:dp4053

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Keywords: health; life satisfaction; oldest old;

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References

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Cited by:
  1. 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, Springer, vol. 110(3), pages 973-991, February.
  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, Bar-Ilan University, Department of Economics 2014-02, Bar-Ilan University, Department of Economics.
  3. 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, Elsevier, vol. 81(2), pages 571-582.
  4. 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).
  5. Ning Li, 2014. "Multidimensionality of Longitudinal Data: Unlocking the Age-Happiness Puzzle," Melbourne Institute Working Paper Series, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne wp2014n04, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
  6. 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, Maastricht University, Research Centre for Education and the Labour Market (ROA) 008, Maastricht University, Research Centre for Education and the Labour Market (ROA).
  7. López Ulloa, Beatriz Fabiola & Moller, Valerie & Sousa-Poza, Alfonso, 2013. "How Does Subjective Well-Being Evolve with Age? A Literature Review," IZA Discussion Papers 7328, Institute for the Study of Labor (IZA).
  8. 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).
  9. 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).
  10. 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).
  11. J. Tomás & P. Sancho & M. Gutiérrez & L. Galiana, 2014. "Predicting Life Satisfaction in the Oldest-Old: A Moderator Effects Study," Social Indicators Research, Springer, Springer, vol. 117(2), pages 601-613, June.
  12. Fischer, Justina AV, 2009. "Happiness and age cycles – return to start…," MPRA Paper 15249, University Library of Munich, Germany.
  13. Gregori Baetschmann, 2011. "Heterogeneity in the relationship between happiness and age: Evidence from the German Socio-Economic Panel," ECON - Working Papers, Department of Economics - University of Zurich 047, Department of Economics - University of Zurich.
  14. 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, Springer, vol. 108(3), pages 525-534, September.

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