nep-hap New Economics Papers
on Economics of Happiness
Issue of 2015‒12‒20
two papers chosen by

  1. Are the effects of height on well-being a tall tale? By Kevin Denny
  2. Does money in adulthood affect adult outcomes? By Kerris Cooper; Kitty Stewart

  1. By: Kevin Denny
    Abstract: Numerous papers have documented a positive association between height and good physical health and also with good economic outcomes such as earnings. A smaller number have argued for an association with well-being. In this paper, cross-country data from Europe is used to analyse whether individuals’ height is associated with higher or lower levels of life-satisfaction. In simple models there is a positive but concave relationship between height and life satisfaction. However it is shown that the results are quite sensitive to the inclusion of controls reflecting demographics, human capital and health status. Where effects do exist, it is predominantly at low to medium levels of height. There is also evidence of heterogeneity across countries.
    Keywords: Height; Stature; Well-being; Life satisfaction; Health
    JEL: I31
    Date: 2015–12
  2. By: Kerris Cooper; Kitty Stewart
    Abstract: There is ample evidence that adults with lower incomes tend to have worse outcomes including worse health, lower life expectancy and lower subjective wellbeing than individuals with more. But is money in adulthood itself important? Or are these relationships driven by other factors such as higher levels of education, underlying personality traits or the long-term impact of childhood circumstances? This study reviews the evidence, focusing on research that tested whether the relationship between money and outcomes in adulthood is causal.
    Keywords: money, poverty, health, adult, wellbeing
    JEL: I30 I31 I32
    Date: 2015–12

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