Economists identify the age when middle age misery peaks - News Summed Up

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Economists identify the age when middle age misery peaks


Middle age is miserable, according to an new economic study which pinpoints 47.2 years old as the moment of peak unhappiness in the developed world. Dartmouth College Professor David Blanchflower, a former Bank of England policy maker, studied data across 132 countries to measure the relationship between wellbeing and age. He concluded that in every country there is a "happiness curve" which is U-shaped over lifetimes. It reaches its lowest in the developing nations at 48.2. "The resiliency of communities left behind by globalisation was diminished by the Great Recession which made it especially hard for the vulnerable undergoing a midlife crisis with few resources, to withstand the shock," Blanchflower wrote in a separate study, also released by the NBER on Monday.


Source: Stuff January 13, 2020 18:45 UTC



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