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School of Business, Örebro University Working Papers, School of Business, Örebro University

No 2017:8:
Subjective and physiological measures of well-being: an exploratory analysis using birth-cohort data

Daniela Andrén (), Andrew E Clark (), Conchita D´Ambrosio (), Sune Karlsson () and Nicklas Pettersson ()

Abstract: We use a rich longitudinal data set following a cohort of Swedish women from age 10 to 49 to analyse the effects of birth and early-life conditions on adulthood outcomes. These latter include both well-being and the stress hormone cortisol. Employment and marital status are important adult determinants of well-being. Log family income and absence from school also predict adult well-being, although their importance falls when controlling for adult and birth characteristics. Among the birth characteristics, we find that high birth weight (>4.3kg) affects adult well-being. We predict the level of adult cortisol only poorly, and suggest that the relationship between life satisfaction and cortisol is non-monotonic: both high and low cortisol are negatively correlated with life satisfaction. The results from an OLS life satisfaction regression and a multinomial logit of high or low cortisol (as compared to medium) are more similar to each other.

Keywords: life satisfaction; cortisol; birth-cohort data; adult; child and birth outcomes; multivariate imputation by chained equations; (follow links to similar papers)

JEL-Codes: A12; D60; I31; (follow links to similar papers)

30 pages, October 12, 2017

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