Clark, A. E. and Georgellis, Y., 2013. Back to Baseline in Britain: Adaptation in the British Household Panel Survey. Economica, 80 (319), pp. 496-512.
Full text available as:
BaselineBHPSJan2010.pdf - Submitted Version
We look for evidence of adaptation in sixteen waves of British panel data. We find that, with the exception of unemployment, adaptation to other life events including marriage, divorce, birth of a child and widowhood is rapid and complete. These findings are remarkably similar to those in previous analysis of German panel data. Equally, the time profiles of well-being as measured by life satisfaction data are very close to those from the analysis of a twelve-item scale of psychological functioning. As such, the phenomenon of adaptation may be a general one, rather than being only found in German data or using single-item measures. Last, we uncover some systematic differences in adaptation profiles according to “Big Five” personality measures.
|Uncontrolled Keywords:||Life Satisfaction; Anticipation; Adaptation; Baseline Satisfaction; Labour Market and Life Events|
|Subjects:||Social Sciences > Economics|
Social Sciences > Finance and Financial Economics
Social Sciences > Sociology
|Group:||Faculty of Management|
|Deposited By:||Professor Yannis Georgellis LEFT|
|Deposited On:||02 Sep 2010 10:37|
|Last Modified:||15 Jul 2013 15:25|
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