Issues in the estimation of dynamic happiness models: A Comment on "Does childhood predict adult life satisfaction?"

This short note offers methodological comments on an 'Economic Journal' article (Frijters, P., Johnston, D.W. and Shields, M.A. (2014). Does Childhood Predict Adult Life Satisfaction? Evidence from British Cohort Surveys. 'Economic Journal' 124(580): F688-F719). The comments consider its use of a dynamic model - the inclusion of a lagged dependent variable - and its employment of General Method of Moments (GMM) estimation.

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Year of publication:	2015
Authors:	Piper, Alan T. ; Pugh, Geoffrey T.
Publisher:	Kiel : Kiel Institute for the World Economy (IfW)
Subject:	Life Satisfaction \| dynamic panel analysis \| GMM

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Series:	Economics Discussion Papers ; 2015-63
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	835433196 [GVK] hdl:10419/119603 [Handle] RePEc:zbw:ifwedp:201563 [RePEc]
Classification:	I31 - General Welfare; Basic Needs; Quality of Life
Source:	EconStor

Persistent link: https://www.econbiz.de/10011335663