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Adaption and anticipation effects to life events in the United Kingdom

  • Luis Angeles

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 Business School - Economics, University of Glasgow in its series Working Papers with number 2009_08.

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Date of creation: Feb 2009
Date of revision:
Handle: RePEc:gla:glaewp:2009_08
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  1. Richard Lucas & Andrew Clark, 2006. "Do People Really Adapt To Marriage?," Journal of Happiness Studies, Springer, vol. 7(4), pages 405-426, November.
  2. Andrew E. Clark, 2006. "A note on unhappiness and unemployment duration," PSE Working Papers halshs-00590444, HAL.
  3. Andrew E. Clark & Ed Diener & Yannis Georgellis & Richard E. Lucas, 2008. "Lags and leads in life satisfaction: A test of the baseline hypothesis," Post-Print halshs-00754279, HAL.
  4. Angeles, Luis, 2010. "Adaptation or Social Comparison? The effects of income on happiness," SIRE Discussion Papers 2010-03, Scottish Institute for Research in Economics (SIRE).
  5. Rafael Di Tella & John Haisken-De New & Robert Macculloch, 2010. "Happiness Adaptation to Income and to Status in an Individual Panel," Post-Print hal-00911821, HAL.
  6. 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.
  7. Luis Angeles, 2009. "Do children make us happier?," Working Papers 2009_10, Business School - Economics, University of Glasgow.
  8. Stutzer, Alois & Frey, Bruno S., 2006. "Does marriage make people happy, or do happy people get married?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 35(2), pages 326-347, April.
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