What predicts a successful life? A life-course model of well-being
If policy-makers care about well-being, they need a recursive model of how adult life satisfaction is predicted by childhood influences, acting both directly and (indirectly) through adult circumstances. We estimate such a model using the British Cohort Study (1970).The most powerful childhood predictor of adult life-satisfaction is the child’s emotional health. Next comes the child’s conduct. The least powerful predictor is the child’s intellectual development. This has obvious implications for educational policy. Among adult circumstances, family income accounts for only 0.5% of the variance of life-satisfaction. Mental and physical health are much more important.
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.:
- Susanne Schennach & James Heckman & Flavio Cunha, 2007.
"Estimating the Technology of Cognitive and Noncognitive Skill Formation,"
2007 Meeting Papers
973, Society for Economic Dynamics.
- Flavio Cunha & James J. Heckman & Susanne M. Schennach, 2010. "Estimating the Technology of Cognitive and Noncognitive Skill Formation," Econometrica, Econometric Society, vol. 78(3), pages 883-931, 05.
- Cunha, Flavio & Heckman, James J. & Schennach, Susanne, 2010. "Estimating the Technology of Cognitive and Noncognitive Skill Formation," IZA Discussion Papers 4702, Institute for the Study of Labor (IZA).
- Flavio Cunha & James Heckman & Susanne Schennach, 2010. "Estimating the Technology of Cognitive and Noncognitive Skill Formation," NBER Working Papers 15664, National Bureau of Economic Research, Inc.
- Flavio Cunha & James Heckman & Susanne Schennach, 2010. "Estimating the technology of cognitive and noncognitive skill formation," CeMMAP working papers CWP09/10, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- John F. Helliwell, 2002.
"How's Life? Combining Individual and National Variables to Explain Subjective Well-Being,"
NBER Working Papers
9065, National Bureau of Economic Research, Inc.
- Helliwell, John F., 2003. "How's life? Combining individual and national variables to explain subjective well-being," Economic Modelling, Elsevier, vol. 20(2), pages 331-360, March.
- Christopher Boyce & Alex Wood & Nattavudh Powdthavee, 2013. "Is Personality Fixed? Personality Changes as Much as “Variable” Economic Factors and More Strongly Predicts Changes to Life Satisfaction," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 111(1), pages 287-305, March.
- Flavio Cunha & James J. Heckman, 2008. "Formulating, Identifying and Estimating the Technology of Cognitive and Noncognitive Skill Formation," Journal of Human Resources, University of Wisconsin Press, vol. 43(4).
- Frijters, Paul & Johnston, David W. & Shields, Michael A., 2011. "Destined for (Un)Happiness: Does Childhood Predict Adult Life Satisfaction?," IZA Discussion Papers 5819, Institute for the Study of Labor (IZA).
- Almlund, Mathilde & Duckworth, Angela Lee & Heckman, James J. & Kautz, Tim, 2011.
"Personality Psychology and Economics,"
IZA Discussion Papers
5500, Institute for the Study of Labor (IZA).
- Martin Knapp & David McDaid & Michael Parsonage, 2011. "Mental health promotion and mental illness prevention: the economic case," LSE Research Online Documents on Economics 32311, London School of Economics and Political Science, LSE Library.
- Jan-Emmanuel De Neve & Nicholas A. Christakis & James H. Fowler & Bruno S. Frey, 2010.
"Genes, Economics, and Happiness,"
CREMA Working Paper Series
2010-24, Center for Research in Economics, Management and the Arts (CREMA).
- Nicholas A. Christakis & Jan-Emmanuel De Neve & James H. Fowler & Bruno S. Frey, 2012. "Genes, Economics and Happiness," CEP Discussion Papers dp1127, Centre for Economic Performance, LSE.
- Jan-Emmanuel De Neve & James H. Fowler & Bruno S. Frey, 2010. "Genes, economics, and happiness," IEW - Working Papers 475, Institute for Empirical Research in Economics - University of Zurich.
- Jan-Emmanuel De Neve & Nicholas A. Christakis & James H. Fowler & Bruno S. Frey, 2010. "Genes, Economics, and Happiness," CESifo Working Paper Series 2946, CESifo Group Munich.
- Heckman, James J., 2011.
"Integrating Personality Psychology into Economics,"
IZA Discussion Papers
5950, Institute for the Study of Labor (IZA).
- Marcus Richards & Stephani L. Hatch, 2011. "A Life Course Approach to the Development of Mental Skills," Journals of Gerontology: Series B, Gerontological Society of America, vol. 66(suppl_1), pages 26-35.
- Andrew E. Clark & Richard Layard & Claudia Senik, 2012. "The causes of happiness and misery," Post-Print halshs-00846583, HAL.
- Clark, Andrew E & Oswald, Andrew J, 1994. "Unhappiness and Unemployment," Economic Journal, Royal Economic Society, vol. 104(424), pages 648-659, May.
When requesting a correction, please mention this item's handle: RePEc:spo:wpmain:info:hdl:2441/6ggbvnr6munghes9oc90kh192. 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: (Spire @ Sciences Po Library)
If references are entirely missing, you can add them using this form.