Age and Cohort Effects on Happiness, Satisfaction, and Stress

• Kurokawa Hirofumi

  Graduate School of Economics, Osaka University JSPS Research Fellow

• Ohtake Fumio

  Institute of Social and Economic Research, Osaka University

Bibliographic Information

Other Title

• 幸福度・満足度・ストレス度の年齢効果と世代効果

Abstract

Using the National Survey on Lifestyle Preferences, we investigate age effects on happiness, satisfaction, and stress. The age effect in a single cross-section confounds the age effect with the cohort effect. Without cohort and year effects, the age effect on happiness and satisfaction is U-shaped with the nadir located in the 40s and the age effect on stress is downward sloping, which means we become less stressful as we get older. With cohort and year effects, however, the age effect on happiness is downward sloping and the age effect on stress is upward sloping, while the age effect on satisfaction remains U-shaped. When we explicitly consider each trend of effects, the age effect on happiness is U-shaped and the age effect on stress is an inverted U-shaped.

Journal

• Journal of Behavioral Economics and Finance

  Journal of Behavioral Economics and Finance 6 (0), 1-36, 2013

  Association of Behavioral Economics and Finance

Keywords

• happiness
• age effect
• cohort effect
• U-shaped

Details

• CRID: 1390001205346791424
• NII Article ID: 130004959913
• DOI: 10.11167/jbef.6.1
• ISSN: 21853568
• Text Lang: ja
• Data Source:
  • JaLC
  • CiNii Articles
  • KAKEN
• Abstract License Flag: Disallowed