A simple statistical method for measuring how life events affect happiness.

@article{Clark2002ASS,
  title={A simple statistical method for measuring how life events affect happiness.},
  author={Andrew E. Clark and Andrew J. Oswald},
  journal={International journal of epidemiology},
  year={2002},
  volume={31 6},
  pages={
          1139-44; discussion 1144-46
        }
}
BACKGROUND Life events-like illness, marriage, or unemployment-have important effects on people. But there is no accepted way to measure the different sizes of these events upon human happiness and psychological health. By using happiness regression equations, economists have recently developed a method. METHODS We estimate happiness regressions using large random samples of individuals. The relative coefficients of income and life events on happiness allow us to calculate a monetary… CONTINUE READING

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