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Experienced Life Cycle Satisfaction in Europe

Author

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  • Morgan, Robson
  • O'Connor, Kelsey J.

Abstract

The average pattern of experienced life satisfaction over the life cycle for the 17 European countries included in this study resembles a wave like M-shape that is positively tilted. The M-shape arises because many of the countries share the following characteristics: a local maximum in life satisfaction around age 30, a local minimum at age 50, and declining life satisfaction after age 75. It is also commonly the case that male life satisfaction improves relative to female life satisfaction as people age, and more educated people report higher levels of life satisfaction throughout the life cycle. Although these characteristics are shared by many of the countries, there is no uniform life cycle pattern in life satisfaction across all countries. The analysis includes cohort controls, is nonparametric, and uses a single dataset (Eurobarometer) and the same methodology for all countries.

Suggested Citation

  • Morgan, Robson & O'Connor, Kelsey J., 2017. "Experienced Life Cycle Satisfaction in Europe," Review of Behavioral Economics, now publishers, vol. 4(4), pages 371-396, December.
    • Handle: RePEc:now:jnlrbe:105.00000070
    DOI: 10.1561/105.00000070
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    Citations

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    Cited by:

    1. Juergen Bitzer & Erkan Goeren & Heinz Welsch, 2023. "How the Well-Being Function Varies with Age: The Importance ofIncome, Health, and Social Relations over the Life Cycle," Working Papers V-442-23, University of Oldenburg, Department of Economics, revised Jul 2023.
    2. O'Connor, Kelsey J. & Graham, Carol, 2019. "Longer, more optimistic, lives: Historic optimism and life expectancy in the United States," Journal of Economic Behavior & Organization, Elsevier, vol. 168(C), pages 374-392.
    3. Francesco Sarracino & Kelsey J. OConnor, 2022. "A Measure of Well-being Efficiency Based on the World Happiness Report," International Productivity Monitor, Centre for the Study of Living Standards, vol. 43, pages 10-40, Fall.
    4. David G. Blanchflower & Carol L. Graham, 2022. "The Mid-Life Dip in Well-Being: a Critique," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 161(1), pages 287-344, May.
    5. Biermann, Philipp & Bitzer, Jürgen & Gören, Erkan, 2022. "The relationship between age and subjective well-being: Estimating within and between effects simultaneously," The Journal of the Economics of Ageing, Elsevier, vol. 21(C).
    6. David G. Blanchflower, 2021. "Is happiness U-shaped everywhere? Age and subjective well-being in 145 countries," Journal of Population Economics, Springer;European Society for Population Economics, vol. 34(2), pages 575-624, April.
    7. David G. Blanchflower & Carol L. Graham, 2020. "The Mid-Life Dip in Well-Being: Economists (Who Find It) Versus Psychologists (Who Don't)!," NBER Working Papers 26888, National Bureau of Economic Research, Inc.
    8. Christoph K. Becker & Stefan T. Trautmann, 2022. "Does Happiness Increase in Old Age? Longitudinal Evidence from 20 European Countries," Journal of Happiness Studies, Springer, vol. 23(7), pages 3625-3654, October.

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