Which health conditions cause the most unhappiness?
Version of Record online: 8 NOV 2010
Copyright © 2010 John Wiley & Sons, Ltd.
Volume 20, Issue 12, pages 1431–1447, December 2011
How to Cite
Graham, C., Higuera, L. and Lora, E. (2011), Which health conditions cause the most unhappiness?. Health Econ., 20: 1431–1447. doi: 10.1002/hec.1682
- Issue online: 24 OCT 2011
- Version of Record online: 8 NOV 2010
- Manuscript Accepted: 15 SEP 2010
- Manuscript Revised: 23 JUN 2010
- Manuscript Received: 5 OCT 2009
- valuing health conditions
This paper assesses the effects of different health conditions on happiness. Based on new data for Latin America, we examine the effects of different conditions across age, gender, and income cohorts. Anxiety and pain have stronger effects than physical problems, likely because people adapt better to one-time shocks than to constant uncertainty. The negative effects of health conditions are very large when compared with the effects of income on happiness. And, while higher peer income typically elicits envy, better peer health provides positive signals for life and health satisfaction. Health norms vary widely across countries. Copyright © 2010 John Wiley & Sons, Ltd.