Navigation Links
Happy youngsters more likely to grow into wealthy adults, study finds
Date:11/19/2012

The first in-depth investigation of whether youthful happiness leads to greater wealth in later life reveals that, even allowing for other influences, happy adolescents are likely to earn more money as adults.

Dr Jan-Emmanuel De Neve (UCL Political Science) and Professor Andrew Oswald (University of Warwick) analysed data from 15,000 adolescents and young adults in the USA, finding that those who report higher 'positive affect', which is a technical measure of happiness, or higher 'life satisfaction' grow up to earn significantly higher levels of income later in life.

Their study found that happy individuals' greater wealth is due, in part, to the fact that happy people are more likely to get a degree, find work, and get promoted quicker than their gloomier counterparts.

And greater happiness has a big financial impact: the study shows, for example, that a one-point increase in life satisfaction (on a scale of 5) at the age of 22 is associated with almost $2,000 higher earnings per annum at the age of 29. This is on top of other influences on incomes.

The researchers paid careful attention to instances of siblings in the data, demonstrating that even in children growing up in the same family, happier youngsters tend to go on to earn higher levels of income. Their results are robust to the inclusion of other important factors such as education, physical health, genetic variation, IQ, self-esteem, and current happiness.

The researchers also studied how happiness may influence income. Mediation tests reveal a direct effect as well as indirect effects that carry the influence from happiness to income. Significant mediating pathways include obtaining a degree and a job, higher degrees of optimism and extraversion, and less neuroticism.

Dr De Neve said: "These findings have important implications for academics, policy makers, and the general public.

"For academics they reveal the strong possibility for reverse causality between income and happiness a relationship that most have assumed unidirectional and causal. For policy makers, they highlight the importance of promoting general well-being (GWB), not just because happiness is what the general population aspires to (instead of GDP) but also for its economic impact.

"Perhaps most importantly, for the general public and parents in particular these findings show that the emotional well-being of children and adolescents is key to their future success, yet another reason to ensure we create emotionally healthy home environments."


'/>"/>
Contact: Ed Nash
ed.nash@ucl.ac.uk
44-020-310-83845
University College London
Source:Eurekalert

Related medicine news :

1. Scientists ID Happy Gene in Women
2. Unhappy Kids Are More Materialistic, Study Finds
3. Children with trisomy 13 and 18 and their families are happy
4. Giving makes young children happy, UBC study suggests
5. Most Extreme Preemies Grow Into Happy, Healthy Teens
6. Study Probes How Sad Movies Make Viewers Happy
7. Youngest Kids in Class May Be More Likely to Get ADHD Diagnosis
8. Kids With Psoriasis More Likely to Be Overweight: Study
9. Black Women More Likely to Die From Breast Cancer: Report
10. Patients More Likely to Survive In-Hospital Cardiac Arrest Today: Study
11. Babies born to stressed mothers more likely to be bullied at school
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... Oklahoma (PRWEB) , ... June 25, 2016 , ... ... both athletes and non-athletes recover from injury. Recently, he has implemented orthobiologic procedures ... Oklahoma City area —Johnson is one of the first doctors to perform the ...
(Date:6/24/2016)... ... , ... Those who have experienced traumatic events may suffer from a complex ... as drug or alcohol abuse, as a coping mechanism. To avoid this pain and ... a traumatic event. , Trauma sufferers tend to feel a range of emotions, from ...
(Date:6/24/2016)... ... ... Global law firm Greenberg Traurig, P.A. announced that 20 Florida attorneys are recognized ... this recognition are considered among the top 2 percent of lawyers practicing within the ... this year’s Legal Elite Hall of Fame: Miami Shareholders Mark D. Bloom, Burt ...
(Date:6/24/2016)... TX (PRWEB) , ... June 24, 2016 , ... People ... part in Genome magazine’s Code Talker Award, an essay contest in which patients and ... an award to be presented at the 2016 National Society of Genetic Counselors (NSGC) ...
(Date:6/24/2016)... ... 2016 , ... Strategic Capital Partners, LLC (SCP) in concert ... capital for emerging technology companies. SCP has delivered investment events and professional ... than a million dollars of capital investment for five companies. The ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... 24, 2016  Global Blood Therapeutics, Inc. (GBT) (NASDAQ: ... novel therapeutics for the treatment of grievous blood-based ... closing of its previously announced underwritten public offering ... public offering price of $18.75 per share. All ... by GBT. GBT estimates net proceeds from the ...
(Date:6/24/2016)... Dehaier Medical Systems Ltd. (NASDAQ: ... and sells medical devices and wearable sleep respiratory products ... cooperation agreement with Hongyuan Supply Chain Management Co., Ltd. ... 20, 2016, to develop Dehaier,s new Internet medical technology ... will leverage Hongyuan Supply Chain,s sales platform to reach ...
(Date:6/24/2016)... , June 24, 2016 VolitionRx ... of Dr. Edward Futcher to the ... effective June 23, 2016.Dr. Futcher was also appointed ... Governance Committees.  As a non-executive member of the ... and strategic counsel to VolitionRx in connection with ...
Breaking Medicine Technology: