Sliding down the U-shape? A dynamic panel investigation of the age-well-being relationship, focusing on young adults.
BACKGROUND
Much of the work within economics attempting to understand the relationship between age and well-being has focused on the U-shape, whether it exists and, more recently, potential reasons for its existence. This paper focuses on one part of the lifecycle rather than the whole: young people. This focus offers a better understanding of the age-well-being relationship for young people, and helps with increasing general understanding regarding the U-shape itself.


METHODS
The empirical estimations employ both static and dynamic panel estimations, with the latter preferred for several reasons.


CONCLUSIONS
The empirical results are in line with the U-shape, and the results from the dynamic analysis indicate that this result is a lifecycle effect.
Universität Flensburg, Internationales Institut für Management und ökonomische Bildung, Munketoft 3B, 24937 Flensburg, Germany. Electronic address: alan.piper@uni-flensburg.de.
Alan T
AT
Piper
D000328:Adult; D000367:Age Factors; D005260:Female; D006304:Health Status; D006801:Humans; D008016:Life Change Events; D008297:Male; D008960:Models, Psychological; D010549:Personal Satisfaction; D055815:Young Adult
Ageing; Dynamic panel analysis; Life satisfaction; UK; Young adults