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The mystery of the U-shaped relationship between happiness and age

  • Paul Frijters

    ()

    (QUT)

  • Tony Beatton

    ()

    (QUT)

In this paper we address the puzzle of the relation between age and happiness. Whilst the majority of psychologists have concluded there is not much of a relationship at all, the economic literature has unearthed a possible U-shape relationship. In this paper we replicate the U-shape for the German SocioEconomic Panel (GSOEP), and we investigate several possible explanations for it.

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File URL: http://www.ncer.edu.au/papers/documents/NCER_WpNo26Jul08v2.pdf
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Paper provided by National Centre for Econometric Research in its series NCER Working Paper Series with number 26.

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Date of creation: 02 Aug 2008
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Handle: RePEc:qut:auncer:2008-15
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