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Title:Ageing, health and life satisfaction of the oldest old: an analysis for Germany PDF Logo
Authors:Gwozdz, Wencke
Sousa-Poza, Alfonso
Issue Date:2009
Series/Report no.:IZA discussion papers 4053
Abstract:This analysis uses data from the German Socio-Economic Panel (GSOEP) and the Survey on Health, Ageing and Retirement in Europe (SHARE) to assess the effect of ageing and health on the life satisfaction of the oldest old (defined as 75 and older). We observe a U-shaped relationship between age and levels of life satisfaction for individuals aged between 16 and approximately 65. Thereafter, life satisfaction declines rapidly and the lowest absolute levels of life satisfaction are recorded for the oldest old. This decline is primarily attributable to low levels of perceived health. Once cohort effects are also controlled for, life satisfaction remains relatively constant across the lifespan.
Subjects:Life satisfaction
health
oldest old
JEL:I18
I19
J28
Persistent Identifier of the first edition:urn:nbn:de:101:1-20090327209
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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