The Role of Personality in Adult Life Satisfaction
This paper investigates the extent to which life satisfaction is influenced by personality utilising longitudinal data collected by the BHPS. We test whether there is some happiness trait or propensity to be happy that influences the life satisfaction of adults by including a personality trait which avoids reverse causality and is clean of other environmental factors. To do this, we isolate an individual fixed effect on youth happiness after controlling for a wide variety of demographic and environmental factors. We call this a happiness trait. This trait was then included as an instrument for personality in an adult life satisfaction model. Our results indicate that this happiness trait has a positive, highly significant effect on life satisfaction for both men and women. We also find that it has an effect that remains even after we include the Big 5 personality variables indicating that there is some happiness trait above and beyond these 5 variables.
|Date of creation:||10 Nov 2012|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +44 (0) 118 378 8226
Fax: +44 (0) 118 975 0236
Web page: http://www.henley.reading.ac.uk/
More information through EDIRC
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.:
- repec:hal:wpaper:halshs-00590444 is not listed on IDEAS
- Andrew E. Clark, 2006.
"A Note on Unhappiness and Unemployment Duration,"
Applied Economics Quarterly (formerly: Konjunkturpolitik),
Duncker & Humblot, Berlin, vol. 52(4), pages 291-308.
- Andrew Clark, 2001.
"Unemployment As A Social Norm: Psychological Evidence from Panel Data,"
DELTA Working Papers
2001-17, DELTA (Ecole normale supérieure).
- Andrew E. Clark, 2003. "Unemployment as a Social Norm: Psychological Evidence from Panel Data," Journal of Labor Economics, University of Chicago Press, vol. 21(2), pages 289-322, April.
- Kenneth Land & Vicki Lamb & Sarah Mustillo, 2001. "Child and Youth Well-Being in the United States, 1975–1998: Some Findings from a New Index," Social Indicators Research, Springer, vol. 56(3), pages 241-318, December.
- Senik, Claudia, 2007.
"Direct Evidence on Income Comparisons and their Welfare Effects,"
IZA Discussion Papers
3195, Institute for the Study of Labor (IZA).
- Senik, Claudia, 2009. "Direct evidence on income comparisons and their welfare effects," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 408-424, October.
- Claudia Senik, 2008. "Direct evidence on income comparisons and their welfare effects," PSE Working Papers halshs-00588023, HAL.
- Blanchflower, David G. & Oswald, Andrew J., 2007.
"Is Well-being U-Shaped over the Life Cycle?,"
The Warwick Economics Research Paper Series (TWERPS)
826, University of Warwick, Department of Economics.
- Blanchflower, David G. & Oswald, Andrew J., 2007. "Is Well-Being U-Shaped over the Life Cycle?," IZA Discussion Papers 3075, Institute for the Study of Labor (IZA).
- David G. Blanchflower & Andrew Oswald, 2007. "Is Well-being U-Shaped over the Life Cycle?," NBER Working Papers 12935, National Bureau of Economic Research, Inc.
- Angeles, Luis, 2010.
"Adaptation and anticipation effects to life events in the United Kingdom,"
SIRE Discussion Papers
2010-01, Scottish Institute for Research in Economics (SIRE).
- Luis Angeles, 2009. "Adaption and anticipation effects to life events in the United Kingdom," Working Papers 2009_08, Business School - Economics, University of Glasgow.
- Mihaly Csikszentmihalyi & Jeremy Hunter, 2003. "Happiness in Everyday Life: The Uses of Experience Sampling," Journal of Happiness Studies, Springer, vol. 4(2), pages 185-199, June.
- Winkelmann, Liliana & Winkelmann, Rainer, 1998. "Why Are the Unemployed So Unhappy? Evidence from Panel Data," Economica, London School of Economics and Political Science, vol. 65(257), pages 1-15, February.
- Vendrik, Maarten C.M., 2013. "Adaptation, anticipation and social interaction in happiness: An integrated error-correction approach," Journal of Public Economics, Elsevier, vol. 105(C), pages 131-149.
- Hausman, Jerry A & Taylor, William E, 1981.
"Panel Data and Unobservable Individual Effects,"
Econometric Society, vol. 49(6), pages 1377-98, November.
- Ruut Veenhoven, 1991. "Is happiness relative?," Social Indicators Research, Springer, vol. 24(1), pages 1-34, February.
- Ruut Veenhoven, 1994. "Is happiness a trait?," Social Indicators Research, Springer, vol. 32(2), pages 101-160, June.
When requesting a correction, please mention this item's handle: RePEc:rdg:emxxdp:em-dp2012-02. 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: (Ed Quick)
If references are entirely missing, you can add them using this form.