Advanced Search
MyIDEAS: Login to save this paper or follow this series

Back to Baseline in Britain: Adaptation in the BHPS

Contents:

Author Info

  • Clark, Andrew E.

    ()
    (Paris School of Economics)

  • Georgellis, Yannis

    ()
    (Kingston University London)

Abstract

We look for evidence of adaptation in well-being to major life events using eighteen waves of British panel data. Adaptation to marriage, divorce, birth of a child and widowhood appears to be rapid and complete, whereas this is not the case for unemployment. These findings are remarkably similar to those in previous work on German panel data. Equally, the time profiles with life satisfaction as the well-being measure are very close to those using a twelve-item scale of psychological functioning. As such, the phenomenon of adaptation may be a general one, rather than being only found in German data or using single-item well-being measures.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://ftp.iza.org/dp6426.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 6426.

as in new window
Length: 22 pages
Date of creation: Mar 2012
Date of revision:
Publication status: published in: Economica, 2013, 80 (319), 496–512
Handle: RePEc:iza:izadps:dp6426

Contact details of provider:
Postal: IZA, P.O. Box 7240, D-53072 Bonn, Germany
Phone: +49 228 3894 223
Fax: +49 228 3894 180
Web page: http://www.iza.org

Order Information:
Postal: IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany
Email:

Related research

Keywords: life satisfaction; anticipation; adaptation; labour market and life events; baseline satisfaction;

Other versions of this item:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

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.:
as in new window
  1. Andrew E. Clark & Ed Diener & Yannis Georgellis & Richard E. Lucas, 2007. "Lags and Leads in Life Satisfaction: A Test of the Baseline Hypothesis," CEP Discussion Papers dp0836, Centre for Economic Performance, LSE.
  2. Andrew E. Clark & Yannis Georgellis, 2002. "Unemployment Alters the Set-Point for Life Satisfaction," Economics and Finance Discussion Papers, Economics and Finance Section, School of Social Sciences, Brunel University 02-16, Economics and Finance Section, School of Social Sciences, Brunel University.
  3. Oswald, Andrew J. & Powdthavee, Nattavudh, 2008. "Does happiness adapt? A longitudinal study of disability with implications for economists and judges," Journal of Public Economics, Elsevier, Elsevier, vol. 92(5-6), pages 1061-1077, June.
  4. Paul Frijters & David W. Johnston & Michael A. Shields, 2011. "Life Satisfaction Dynamics with Quarterly Life Event Data," Scandinavian Journal of Economics, Wiley Blackwell, Wiley Blackwell, vol. 113(1), pages 190-211, 03.
  5. Jonathan Gardner & Andrew J. Oswald, 2006. "Do divorcing couples become happier by breaking up?," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 169(2), pages 319-336.
  6. Andrew Clark, 2001. "Unemployment As A Social Norm: Psychological Evidence from Panel Data," DELTA Working Papers, DELTA (Ecole normale supérieure) 2001-17, DELTA (Ecole normale supérieure).
  7. Richard Lucas & Andrew Clark, 2006. "Do People Really Adapt To Marriage?," Journal of Happiness Studies, Springer, Springer, vol. 7(4), pages 405-426, November.
  8. Clark, Andrew E & Oswald, Andrew J, 1994. "Unhappiness and Unemployment," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 104(424), pages 648-59, May.
  9. 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, DELTA (Ecole normale supérieure) 2002-08, DELTA (Ecole normale supérieure).
  10. Andrew E. Clark & Yannis Georgellis, 2010. "Back to baseline in Britain: Adaptation in the BHPS," PSE Working Papers halshs-00564821, HAL.
  11. Andrew Clark & Yannis Georgellis & Peter Sanfey, 1999. "Scarring: The Psychological Impact of Past Unemployment," Studies in Economics, Department of Economics, University of Kent 9903, Department of Economics, University of Kent.
Full references (including those not matched with items on IDEAS)

Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Marriage & wages
    by chris dillow in Stumbling and Mumbling on 2013-03-25 14:22:12
  2. Quantifying the evil of unemployment
    by chris dillow in Stumbling and Mumbling on 2013-04-26 13:41:35
  3. Help to work?
    by chris dillow in Stumbling and Mumbling on 2013-09-30 12:55:50
  4. Non-issues
    by chris dillow in Stumbling and Mumbling on 2014-02-05 14:23:46
  5. On hedonic adaptation
    by chris dillow in Stumbling and Mumbling on 2014-03-28 14:27:50
  6. Diversifying mental states
    by chris dillow in Stumbling and Mumbling on 2013-02-02 13:39:27
  7. Living wage trade-offs
    by chris dillow in Stumbling and Mumbling on 2013-02-03 11:57:55
  8. The problem of workshyness
    by chris dillow in Stumbling and Mumbling on 2013-07-15 13:42:45
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. 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.
  2. BARTOLINI Stefano & SARRACINO Francesco, 2011. "Happy for How Long? How Social Capital and GDP relate to Happiness over Time," CEPS/INSTEAD Working Paper Series 2011-60, CEPS/INSTEAD.
  3. Martin Binder & Alex Coad, 2011. ""I'm afraid I have bad news for you . . ." Estimating the impact of different health impairments on subjective well-being," Papers on Economics and Evolution 2011-15, Philipps University Marburg, Department of Geography.
  4. Binder, Martin & Freytag, Andreas, 2013. "Volunteering, subjective well-being and public policy," Journal of Economic Psychology, Elsevier, Elsevier, vol. 34(C), pages 97-119.
  5. Martin Binder & Alex Coad, 2010. "Life satisfaction and self-employment: A matching approach," Papers on Economics and Evolution 2010-20, Philipps University Marburg, Department of Geography.
  6. Martin Binder & Tom Broekel, 2012. "Happiness No Matter the Cost? An Examination on How Efficiently Individuals Reach Their Happiness Levels," Journal of Happiness Studies, Springer, Springer, vol. 13(4), pages 621-645, August.
  7. Martin Binder & Alex Coad, 2012. ""I'm afraid I have bad news for you…" Estimating the impact of different health impairments on subjective well-being," SPRU Working Paper Series, SPRU - Science and Technology Policy Research, University of Sussex 200, SPRU - Science and Technology Policy Research, University of Sussex.
  8. Binder, Martin & Coad, Alex, 2011. "From Average Joe's happiness to Miserable Jane and Cheerful John: using quantile regressions to analyze the full subjective well-being distribution," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 79(3), pages 275-290, August.
  9. Plagnol, Anke C., 2011. "Financial satisfaction over the life course: The influence of assets and liabilities," Journal of Economic Psychology, Elsevier, Elsevier, vol. 32(1), pages 45-64, February.
  10. Clark, Andrew E. & Georgellis, Yannis, 2012. "Back to Baseline in Britain: Adaptation in the BHPS," IZA Discussion Papers 6426, Institute for the Study of Labor (IZA).
  11. Martin Binder & Felix Ward, 2011. "The Structure of Happiness: A Vector Autoregressive Approach," Papers on Economics and Evolution 2011-08, Philipps University Marburg, Department of Geography.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:iza:izadps:dp6426. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mark Fallak).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.