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      Are Happy Youth Also Satisfied Adults? An Analysis of the Impact of Childhood Factors on Adult Life Satisfaction

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      Social Indicators Research
      Springer Nature

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          Income and Happiness: Towards a Unified Theory

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            Beyond the hedonic treadmill: revising the adaptation theory of well-being.

            According to the hedonic treadmill model, good and bad events temporarily affect happiness, but people quickly adapt back to hedonic neutrality. The theory, which has gained widespread acceptance in recent years, implies that individual and societal efforts to increase happiness are doomed to failure. The recent empirical work outlined here indicates that 5 important revisions to the treadmill model are needed. First, individuals' set points are not hedonically neutral. Second, people have different set points, which are partly dependent on their temperaments. Third, a single person may have multiple happiness set points: Different components of well-being such as pleasant emotions, unpleasant emotions, and life satisfaction can move in different directions. Fourth, and perhaps most important, well-being set points can change under some conditions. Finally, individuals differ in their adaptation to events, with some individuals changing their set point and others not changing in reaction to some external event. These revisions offer hope for psychologists and policy-makers who aim to decrease human misery and increase happiness. Copyright 2006 APA, all rights reserved.
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              The lasting impact of childhood health and circumstance.

              We quantify the lasting effects of childhood health and economic circumstances on adult health, employment and socioeconomic status, using data from a birth cohort that has been followed from birth into middle age. Controlling for parental income, education and social class, children who experience poor health have significantly lower educational attainment, poorer health, and lower social status as adults. Childhood health and circumstance appear to operate both through their impact on initial adult health and economic status, and through a continuing direct effect of prenatal and childhood health in middle age. Overall, our findings suggest more attention be paid to health as a potential mechanism through which intergenerational transmission of economic status takes place: cohort members born into poorer families experienced poorer childhood health, lower investments in human capital and poorer health in early adulthood, all of which are associated with lower earnings in middle age-the years in which they themselves become parents.
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                Author and article information

                Journal
                Social Indicators Research
                Soc Indic Res
                Springer Nature
                0303-8300
                1573-0921
                April 2015
                May 11 2014
                April 2015
                : 121
                : 2
                : 543-567
                Article
                10.1007/s11205-014-0642-6
                39ecb7e8-9bcb-4671-9e75-39a042300717
                © 2015
                History

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