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    LONGITUDINAL EVIDENCE FOR A MIDLIFE NADIR IN HUMAN WELL-BEING: RESULTS FROM FOUR DATA SETS

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    Author
    Cheng, TC; Powdthavee, N; Oswald, AJ
    Date
    2017-02-01
    Source Title
    The Economic Journal
    Publisher
    WILEY
    University of Melbourne Author/s
    Cheng, Terence; POWDTHAVEE, NATTAVUDH
    Affiliation
    Melbourne Institute of Applied Economic and Social Research
    Metadata
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    Document Type
    Journal Article
    Citations
    Cheng, T. C., Powdthavee, N. & Oswald, A. J. (2017). LONGITUDINAL EVIDENCE FOR A MIDLIFE NADIR IN HUMAN WELL-BEING: RESULTS FROM FOUR DATA SETS. ECONOMIC JOURNAL, 127 (599), pp.126-142. https://doi.org/10.1111/ecoj.12256.
    Access Status
    Open Access
    URI
    http://hdl.handle.net/11343/256625
    DOI
    10.1111/ecoj.12256
    NHMRC Grant code
    NHMRC/1019605
    Abstract
    There is a large amount of cross-sectional evidence for a midlife low in the life cycle of human happiness and well-being (a 'U shape'). Yet no genuinely longitudinal inquiry has uncovered evidence for a U-shaped pattern. Thus, some researchers believe the U is a statistical artefact. We re-examine this fundamental cross-disciplinary question. We suggest a new test. Drawing on four data sets, and only within-person changes in well-being, we document powerful support for a U shape in longitudinal data (without the need for formal regression equations). The article's methodological contribution is to use the first-derivative properties of a well-being equation.

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