What predicts a successful life? A life-course model of well-being
Andrew E. Clark, Francesca Cornaglia, Richard Layard, Nattavudh Powdthavee and James Vernoit
If policy-makers care about well-being, they need a recursive model of how adult life-satisfaction is predicted by childhood influences, acting both directly and (indirectly) through adult circumstances. We estimate such a model using the British Cohort Study (1970). The most powerful childhood predictor of adult life-satisfaction is the child?s emotional health. Next comes the child?s conduct. The least powerful predictor is the child?s intellectual development. This has obvious implications for educational policy. Among adult circumstances, family income accounts for only 0.5% of the variance of life-satisfaction. Mental and physical health are much more important.
22 October 2013 Paper Number CEPDP1245
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This CEP discussion paper is published under the centre's Community Wellbeing programme.
This publication comes under the following theme: Causes and effects of wellbeing