Heterogeneity in the relationship between subjective well-being and its determinants over the life cycle: A varying-coefficient ordered probit approach
學年 104
學期 1
出版（發表）日期 2015-09-01
作品名稱 Heterogeneity in the relationship between subjective well-being and its determinants over the life cycle: A varying-coefficient ordered probit approach
作品名稱（其他語言）
著者 Lin, Yi-Chen; Hwang, Ruey-Ching; Deng, Wen-Shuenn
單位 淡江大學經濟學系
出版者 Amsterdam: Elsevier
著錄名稱、卷期、頁數 Economic Modelling 49, p.372-386
摘要 We examine the evolution of the mechanism behind subjective well-being (SWB) across the lifespan using data from the 1972–2010 waves of the U.S. General Social Survey. By estimating a semiparametric varying-coefficient partially linear ordered probit model, we find that the influence of race, income, reference income, labor market status, marriage, and number of children on SWB varies greatly and nonlinearly along the life cycle. Among our results, we find that the effect of being black on the representative male's probability of being in the lowest happiness category falls from 9.399 percentage points (pps) at age 29 to 1.709 pps at age 55, turning insignificant afterwards. Being unemployed is associated with an increase in the representative male's probability of being in the lowest happiness category by 6.322 to 15.896 pps, with the largest effect occurring at age 40. The varying-coefficient model enhances our understanding of when life events are most detrimental to a person's well-being. The heterogeneity found highlights that, in order to promote well-being effectively, public policies should be differentiated across people depending on their age.
關鍵字 Subjective well-being;Happiness;Aging;Semiparametric method;Varying-coefficient model;Ordered probit model
語言 en
ISSN 0264-9993;1873-6122
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者 Deng, Wen-Shuenn
審稿制度 否
國別 NLD
公開徵稿
出版型式 ,電子版,紙本
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/103201 )

機構典藏連結
SDGS 尊嚴就業與經濟發展,產業創新與基礎設施