A simple statistical method for measuring how life events affect happiness

Background Life events—like illness, marriage, or unemployment—have important effects on people. But there is no accepted way to measure the different sizes of these events upon human happiness and psychological health. By using happiness regression equations, economists have recently developed a method. Methods We estimate happiness regressions using large random samples of individuals. The relative coefficients of income and life events on happiness allow us to calculate a monetary ‘compensating amount’ for each kind of life event. Results The paper calculates the impact of different life events upon human well-being. Getting married, for instance, is calculated to bring each year the same amount of happiness, on average, as having an extra £70 000 of income per annum. The psychological costs of losing a job greatly exceed those from the pure drop in income. Health is hugely important to happiness. Widowhood brings a degree of unhappiness that would take, on average, an extra £170 000 per annum to offset. Well-being regressions also allow us to assess one of the oldest conjectures in social science—that well-being depends not just on absolute things but inherently on comparisons with other people. We find evidence for comparison effects. Conclusion We believe that the new statistical method has many applications. In principle, it can be used to value any kind of event in life

The curved relationship between subjective well-being and age

This article is concerned with a body of work on happiness and age represented by important papers such as Mroczek and Kolarz (1998) and Mroczek and Spiro (2005). Using a large British data set, the paper presents new longitudinal evidence. It also points out that, perhaps unknown to many psychologists, a parallel literature on this topic exists in economics journals. The paper shows that subjective well-being follows a U-shape through the life course. We argue that eventually the two literatures will have to be made consistent with one another, and suggest that, although it is not easy to live in both worlds, with their different styles and conventions, economists and psychologists still have much to learn from one another.happiness ; ageing ; well-being

An Examination of Relational-interdependent Self-construal, Communal Strength, and Pro-relationship Behaviors in Friendships

Individual differences in relational-interdependent self-construal (RISC) are associated with positive relationship characteristics. This suggests that RISC is positively associated with the degree to which individuals view their relationships as communally-oriented (i.e., governed by norms of responsiveness), which should in turn be associated with increased use of pro-relationship behaviors. Thus, the current study explored the associations between RISC, communal strength, and pro-relationship behaviors in friendships. As predicted, RISC was positively associated with pro-relationship behavior use, but this association was mediated by greater communal strength. This suggests that increased RISC is associated with greater relationship satisfaction because the manner in which individuals view their relationships (i.e., communally) explains the association between RISC and constructive relationship behavior

The curved relationship between subjective well-being and age

This article is concerned with a body of work on happiness and age represented by important papers such as Mroczek and Kolarz (1998) and Mroczek and Spiro (2005). Using a large British data set, the paper presents new longitudinal evidence. It also points out that, perhaps unknown to many psychologists, a parallel literature on this topic exists in economics journals. The paper shows that subjective well-being follows a U-shape through the life course. We argue that eventually the two literatures will have to be made consistent with one another, and suggest that, although it is not easy to live in both worlds, with their different styles and conventions, economists and psychologists still have much to learn from one another.Cet article réagit à un courant de recherche récent sur le bien-être et l'âge, dont deux exemples importants sont Mroczek et Kolarz (1998) et Mroczek et Spiro (2005). Nous présentons de nouveaux résultats, à partir de données de panel britanniques. Nous signalons aussi, peut être à l'insu de nombreux de psychologues, l'existence d'une importante littérature en économie montrant une relation en forme de U entre bien-être subjectif et âge. Les résultats de cet article confirment cette relation en forme de U. Notre conclusion générale est que nous devrions essayer de rendre cohérentes les conclusions des travaux économiques et psychologiques; malgré des différences de style, économistes et psychologues ont beaucoup à apprendre les uns des autres

Obesity, unhappiness, and the challenge of affluence : theory and evidence

Is affluence a good thing? The book "The Challenge of Affluence" by Avner Offer (2006) argues that economic prosperity weakens self-control and undermines human well-being. Consistent with a pessimistic view, we show that psychological distress has been rising through time in modern Great Britain. Taking over-eating as an example, our data reveal that half the British population view themselves as overweight, and that happiness and mental health are worse among fatter people in Britain and Germany. Comparisons also matter. We discuss problems of inference and argue that longitudinal data are needed. We suggest a theory of obesity imitation where utility depends on relative weight

Range Cattle Production, I: Reproduction: A Literature Review

This item is part of the Agricultural Experiment Station archive. It was digitized from a physical copy provided by the University Libraries at the University of Arizona. For more information, please email CALS Publications at [email protected]

Money, sex and happiness : an empirical study

The links between income, sexual behavior and reported happiness are studied using recent data on a sample of 16,000 adult Americans. The paper finds that sexual activity enters strongly positively in happiness equations. Higher income does not buy more sex or more sexual partners. Married people have more sex than those who are single, divorced, widowed or separated. The happiness‐maximizing number of sexual partners in the previous year is calculated to be 1. Highly educated females tend to have fewer sexual partners. Homosexuality has no statistically significant effect on happiness

Is well-being U-shaped over the life cycle?

We present evidence that psychological well-being is U-shaped through life. A difficulty with research on this issue is that there are likely to be omitted cohort effects (earlier generations may have been born in, say, particularly good or bad times). First, using data on 500,000 randomly sampled Americans and West Europeans, the paper designs a test that can control for cohort effects. Holding other factors constant, we show that a typical individual’s happiness reaches its minimum -- on both sides of the Atlantic and for both males and females -- in middle age. Second, evidence is provided for the existence of a similar U-shape through the life-course in East European, Latin American and Asian nations. Third, a U-shape in age is found in separate well-being regression equations in 72 developed and developing nations. Fourth, using measures that are closer to psychiatric scores, we document a comparable well-being curve across the life cycle in two other data sets : (i) in GHQ-N6 mental health levels among a sample of 16,000 Europeans, and (ii) in reported depression and anxiety levels among 1 million U.K. citizens. Fifth, we discuss some apparent exceptions, particularly in developing nations, to the U-shape. Sixth, we note that American male birth-cohorts seem to have become progressively less content with their lives. Our paper’s results are based on regression equations in which other influences, such as demographic variables and income, are held constant

Money and mental wellbeing : a longitudinal study of medium-sized lottery wins

One of the famous questions in social science is whether money makes people happy. We offer new evidence by using longitudinal data on a random sample of Britons who receive medium-sized lottery wins of between £1000 and £120,000 (that is, up to approximately US$ 200,000). When compared to two control groups – one with no wins and the other with small wins – these individuals go on eventually to exhibit significantly better psychological health. Two years after a lottery win, the average measured improvement in mental wellbeing is 1.4 GHQ points