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Does childhood predict adult life satisfaction? Evidence from British cohort surveys

Frijters, Paul, Johnston, David W. and Shields, Michael A. (2014) Does childhood predict adult life satisfaction? Evidence from British cohort surveys. Economic Journal, 124 (580). F688-F719. ISSN 0013-0133

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Identification Number: 10.1111/ecoj.12085

Abstract

We investigate the extent to which childhood characteristics are predictive of adult life satisfaction using data from two British cohort studies. In total, variables observed up to age 16 predict around 7% of the variation in average adult life satisfaction. Adding contemporaneous adulthood variables increases the predictive power to 15.6%, while adding long lags of life satisfaction increases it to 35.5%. Overall, we estimate that around 30–45% of adult life satisfaction is fixed, suggesting that 55–70% is transitory in nature, and that a wide range of observed childhood circumstances capture about 15% of the fixed component.

Item Type: Article
Official URL: http://onlinelibrary.wiley.com/journal/10.1111/(IS...
Additional Information: © 2013 Royal Economic Society
Divisions: Centre for Economic Performance
Subjects: H Social Sciences > HC Economic History and Conditions
Sets: Research centres and groups > Centre for Economic Performance (CEP)
Date Deposited: 07 Feb 2018 16:08
Last Modified: 20 Jun 2019 02:00
URI: http://eprints.lse.ac.uk/id/eprint/86678

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