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Titel
Do humans suffer a psychological low in midlife? Two approaches (with and without controls) in seven data sets / David G. Blanchflower (Dartmouth College, NBER and IZA), Andrew J. Oswald (University of Warwick and IZA) ; IZA Institute of Labor Economics
VerfasserBlanchflower, David In der Gemeinsamen Normdatei der DNB nachschlagen ; Oswald, Andrew J. In der Gemeinsamen Normdatei der DNB nachschlagen
KörperschaftForschungsinstitut zur Zukunft der Arbeit In der Gemeinsamen Normdatei der DNB nachschlagen
ErschienenBonn, Germany : IZA Institute of Labor Economics, August 2017
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Elektronische Ressource
Umfang1 Online-Ressource (24 Seiten) : Diagramme
SerieDiscussion paper ; no. 10958
URNurn:nbn:de:hbz:5:2-137116 Persistent Identifier (URN)
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Do humans suffer a psychological low in midlife? Two approaches (with and without controls) in seven data sets [0.28 mb]
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Zusammenfassung

Using seven recent data sets, covering 51 countries and 1.3 million randomly sampled people, the paper examines the pattern of psychological well-being from approximately age 20 to age 90. Two conceptual approaches to this issue are possible. Despite what has been argued in the literature, neither is the ‘correct one, because they measure different things. One studies raw numbers on well-being and age. This is the descriptive approach. The second studies the patterns in regression equations for well-being (that is, adjusting for other influences). This is the ceteris-paribus analytical approach. The paper applies each to large cross-sections and compares the patterns of life-satisfaction and happiness. Using the first method, there is evidence of a midlife low in five of the seven data sets. Using the second method, all seven data sets produce evidence consistent with a midlife low. The scientific explanation for the approximate U-shape currently remains unknown.