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Lags And Leads in Life Satisfaction: a Test of the Baseline Hypothesis

Clark, Andrew E., Diener, Ed, Georgellis, Yannis, Lucas, Richard E. (2008) Lags And Leads in Life Satisfaction: a Test of the Baseline Hypothesis. The Economic Journal, 118 (529). F222-F243. ISSN 0013-0133. (doi:10.1111/j.1468-0297.2008.02150.x) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. (Contact us about this Publication)
Official URL
http://dx.doi.org/10.1111/j.1468-0297.2008.02150.x

Abstract

We look for evidence of habituation in twenty waves of German panel data: do individuals tend to return to some baseline level of well‐being after life and labour market events? Although the strongest life satisfaction effect is often at the time of the event, we find significant lag and lead effects. We cannot reject the hypothesis of complete adaptation to marriage, divorce, widowhood, birth of child and layoff. However, there is little evidence of adaptation to unemployment for men. Men are somewhat more affected by labour market events (unemployment and layoffs) than are women but in general the patterns of anticipation and adaptation are remarkably similar by sex.

Item Type: Article
DOI/Identification number: 10.1111/j.1468-0297.2008.02150.x
Subjects: H Social Sciences
Divisions: Faculties > Social Sciences > Kent Business School
Depositing User: Yannis Georgellis
Date Deposited: 09 May 2014 00:50 UTC
Last Modified: 12 Jun 2019 14:06 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/41052 (The current URI for this page, for reference purposes)
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