HYPERTENSION AND LIFE SATISFACTION: A COMMENT AND REPLICATION OF BLANCHFLOWER AND OSWALD (2007)

Similar documents
The Social Costs of Unemployment: Accounting for Unemployment Duration

Joint Retirement Decision of Couples in Europe

Retirement and Cognitive Decline: Evidence from Global Aging Data

Unemployment and Happiness

Tax Burden, Tax Mix and Economic Growth in OECD Countries

Retirement and Unexpected Health Shocks

The Relative Income Hypothesis: A comparison of methods.

How exogenous is exogenous income? A longitudinal study of lottery winners in the UK

YOUTH UNEMPLOYMENT IN THE EURO AREA

Indebted households in the euro area: a micro perspective using the EU-SILC

HEALTH INEQUALITIES BY EDUCATION, INCOME, AND WEALTH: A COMPARISON OF 11 EUROPEAN COUNTRIES AND THE US

DETERMINANTS OF RETIREMENT STATUS: COMPARATIVE EVIDENCE FROM OLD AND NEW EU MEMBER STATES

Examining the Changes in Health Investment Behavior After Retirement

Low employment among the 50+ population in Hungary

Explaining the gender gap in sickness absence: the EU-LFS ad hoc

Mandated Labour Protections & Government Safety Nets: Economic outcomes and worker security

Arthur Okun characterised the negative effects of unemployment and inflation by the misery index -the sum of the unemployment and inflation rates.

MICRO-LEVEL CONSEQUENCES OF FLEXIBILITY-ENHANCING REFORMS: WORK IN PROGRESS. 22 June 2015

Special Eurobarometer 418 SOCIAL CLIMATE REPORT

Demographic Change and Productive Ageing in Europe: Findings from SHARE

Index. bad employment performance 69 baseline bias 297 8

Swedish Lessons: How Important are ICT and R&D to Economic Growth? Paper prepared for the 34 th IARIW General Conference, Dresden, Aug 21-27, 2016

Raising the retirement age is the labour market ready for active ageing: evidence from EB and Eurofound research

education (captured by the school leaving age), household income (measured on a ten-point

How do households choose to allocate their wealth? Some stylized facts derived from the Eurosystem Household Finance and Consumption Survey

Weighting issues in EU-LFS

The Skillsnet project on Medium-term forecasts of occupational skill needs in Europe: Replacement demand and cohort change analysis

Happy Voters. Exploring the Intersections between Economics and Psychology. Federica Liberini 1, Eugenio Proto 2 Michela Redoano 2.

The impact of credit constraints on foreign direct investment: evidence from firm-level data Preliminary draft Please do not quote

Flash Eurobarometer 398 WORKING CONDITIONS REPORT

How Does Education Affect Mental Well-Being and Job Satisfaction?

Does Taking Part in Social Activities prevent the Disablement Process?

The Yield Curve as a Predictor of Economic Activity the Case of the EU- 15

ONLINE APPENDIX (NOT FOR PUBLICATION) Appendix A: Appendix Figures and Tables

What happens next? Contact. Website:

Income smoothing and foreign asset holdings

THE EFFECT OF DEMOGRAPHIC AND SOCIOECONOMIC FACTORS ON HOUSEHOLDS INDEBTEDNESS* Luísa Farinha** Percentage

HEALTH LABOUR MARKET TRENDS IN OECD COUNTRIES

What do we learn about redistribution effects of pension systems from internationally comparable measures of Social Security Wealth?

Ministry of Health, Labour and Welfare Statistics and Information Department

RESULTS SPRING Atradius Payment Practices Barometer. International survey of B2B payment behaviour Survey results for Western Europe

YOUTH UNEMPLOYMENT IN THE MEMBER STATES OF THE EUROPEAN UNION

How Do Households Allocate Their Assets? Stylized Facts from the Eurosystem Household Finance and Consumption Survey

THE ABOLITION OF THE EARNINGS RULE

Analysis of cross-national surveys: Latent variable modelling for substantive comparisons and assessment of measurement

ARE LEISURE AND WORK PRODUCTIVITY CORRELATED? A MACROECONOMIC INVESTIGATION

Incomes Across the Distribution Dataset

Influence of demographic factors on the public pension spending

Demographics and Secular Stagnation Hypothesis in Europe

Determinants of demand for life insurance in European countries

PREZENTĀCIJAS NOSAUKUMS

Online Appendix for Does mobile money affect saving behavior? Evidence from a developing country Journal of African Economies

Social Health Insurance countries in western Europe an Observatory study

Job Loss, Retirement and the Mental Health of Older Americans

Inter-ethnic Marriage and Partner Satisfaction

Special Eurobarometer 465. Gender Equality 2017

Prerequisites for Active Ageing

EARNINGS MANAGEMENT AND ACCOUNTING STANDARDS IN EUROPE

Information and Capital Flows Revisited: the Internet as a

DG TAXUD. STAT/11/100 1 July 2011

What is the relationship between financial satisfaction and happiness among older people?

Obesity, Disability, and Movement onto the DI Rolls

DANMARKS NATIONALBANK

Borderline cases for salary, social contribution and tax

Mergers & Acquisitions in Banking: The effect of the Economic Business Cycle

Investor Competence, Information and Investment Activity

Key Features Document Personal Income Protection Plan. Income Protection from the original provider

Working after Retirement Evidence from Germany

Christine A. Mair, PhD University of Maryland Baltimore County.

LIFE-COURSE HEALTH AND LABOUR MARKET EXIT IN THIRTEEN EUROPEAN COUNTRIES: RESULTS FROM SHARELIFE

Is the UK Moving Up the International Wellbeing Rankings?

Fertility Decline and Work-Life Balance: Empirical Evidence and Policy Implications

SHARE and SHARELIFE The collection of longitudinal data on older adults in Europe

ENTREPRENEURSHIP IN THE EU AND BEYOND

Flash Eurobarometer 408 EUROPEAN YOUTH REPORT

ARE EUROPEAN BANKS IN ECONOMIC HARMONY? AN HLM APPROACH. James P. Gander

Social Situation Monitor - Glossary

This presentation. Downward wage rigidity in EU countries. Based on recent papers on wage rigidity in European countries:

Adaptation, Anticipation and Social Interactions in Happiness: An Integrated Error-Correction Approach. Maarten Vendrik Maastricht University IZA

Statistical annex. Sources and definitions

Labour markets, social transfers and child poverty

A Graphical Analysis of Causality in the Reinhart-Rogoff Dataset

Does Growth make us Happier? A New Look at the Easterlin Paradox

Live Long and Prosper? Demographic Change and Europe s Pensions Crisis. Dr. Jochen Pimpertz Brussels, 10 November 2015

HOUSEHOLDS INDEBTEDNESS: A MICROECONOMIC ANALYSIS BASED ON THE RESULTS OF THE HOUSEHOLDS FINANCIAL AND CONSUMPTION SURVEY*

COMMUNITY ADVANTAGE PANEL SURVEY: DATA COLLECTION UPDATE AND ANALYSIS OF PANEL ATTRITION

Comparing Survey Data to Administrative Sources: Immigration, Labour, and Demographic data from the Longitudinal and International Study of Adults

Eurofound in-house paper: Part-time work in Europe Companies and workers perspective

Workforce participation of mature aged women

SME Access to Finance

Master Thesis II. Occupational-Based Effects of Retirement on Health 28/05/2012. Supervisor: Petter Lundborg

4 Distribution of Income, Earnings and Wealth

Lowest implicit tax rates on labour in Malta, on consumption in Spain and on capital in Lithuania

Harmonized Household Budget Survey how to make it an effective supplementary tool for measuring living conditions

Elisabetta Basilico and Tommi Johnsen. Disentangling the Accruals Mispricing in Europe: Is It an Industry Effect? Working Paper n.

Poverty and social inclusion indicators

The Effects of Trust on Stock Market Participation

UNIVERSITY OF CALIFORNIA Economics 134 DEPARTMENT OF ECONOMICS Spring 2018 Professor Christina Romer LECTURE 24

The relationship between the government debt and GDP growth: evidence of the Euro area countries

25/11/2014. Health inequality: causes and responses: action on the social determinants of health. Why we need to tackle health inequalities

Transcription:

HYPERTENSION AND LIFE SATISFACTION: A COMMENT AND REPLICATION OF BLANCHFLOWER AND OSWALD (2007) Stefania Mojon-Azzi Alfonso Sousa-Poza December 2007 Discussion Paper no. 2007-44 Department of Economics University of St. Gallen

Editor: Publisher: Electronic Publication: Prof. Jörg Baumberger University of St. Gallen Department of Economics Bodanstr. 1 CH-9000 St. Gallen Phone +41 71 224 22 41 Fax +41 71 224 28 85 Email joerg.baumberger@unisg.ch Department of Economics University of St. Gallen Bodanstrasse 8 CH-9000 St. Gallen Phone +41 71 224 23 25 Fax +41 71 224 22 98 http://www.vwa.unisg.ch

HYPERTENSION AND LIFE SATISFACTION: A COMMENT AND REPLICATION OF BLANCHFLOWER AND OSWALD (2007) Stefania Mojon-Azzi / Alfonso Sousa-Poza Author s address: Dr. Stefania Mojon-Azzi FAA-HSG Guisanstrasse 92 9010 St. Gallen Tel. +41 71 224 28 00 Fax +41 71 224 28 07 Email stefania.mojon@unisg.ch Website www.faa.unisg.ch

Abstract This study examines the relationship between hypertension and life satisfaction using objective measures of hypertension from the Survey of Health, Ageing and Retirement in Europe (SHARE). Our results confirm the analysis in Blanchflower and Oswald (2007): there is a significant negative correlation between high blood-pressure problems and life satisfaction. Keywords Hypertension, blood pressure, life satisfaction JEL Classification I10, I12, I19

1. INTRODUCTION * In a recent study, Blanchflower and Oswald (2007) 1 analyze the relationship between hypertension and happiness across countries. They show that there is an inverse relationship between a measure of psychological well-being and a measure of high blood-pressure, namely happier countries report less hypertension. This is an important result as hypertension may provide an interesting and more objective measure on the well-being of a country s population. Furthermore, this result also provides support for the validity of cross-national measures of subjective well-being. Blanchflower and Oswald s paper use data from the Eurobarometer survey a survey conducted in 2001 in 15 European countries. The survey question relating to hypertension is worded as follows: Would you say that you have had problems of high blood pressure? Answers could be given in four different categories: not at all; no more than usual; rather more than usual; much more than usual. In their analysis, the authors make one important assumption: [ ] individuals know whether a doctor has informed them that they suffer from blood-pressure problems. [ ] The assumption of our paper is that people can provide survey answers to questions about high blood-pressure difficulties in a relatively objective way (Blanchflower and Oswald, 2007, p. 4). The authors also stress that individuals who said yes [to the above question] had obtained such information from doctors (Blanchflower and Oswald, 2007, p. 8). Finally, Blanchflower and Oswald state that the persuasiveness of their paper rests on the assumption that it is reasonable to treat survey evidence on high-blood-pressure problems as a proxy for * 1 Corresponding author. E-mail: alfonso.sousa-poza@uni-hohenheim.de Tel: +41 71 242 79 79; Fax: +41 71 242 79 78 The authors would like to thank Andrew Oswald and David Blanchflower for valuable comments on an earlier version of this paper. David G. Blanchflower and Andrew J. Oswald, Hypertension and Happiness across Nations, Journal of Health Economics (forthcoming). 3

objective hypertension (Blanchflower and Oswald, 2007, p. 18). They do conclude their paper, however, with the statement that future work needs to collect information on objective measures of hypertension and subjective measures of well-being (Blanchflower and Oswald, 2007, p. 18). It is, in our opinion, at least questionable whether the wording of the high-blood-pressure question in the Eurobarometer can be treated as a proxy for objective hypertension. First, there is no mention in the question on the severity of the blood-pressure problem apart from the possibility of answering that ones blood-pressure problems were more than usual. Blood-pressure values of 80-140 could be termed more than usual in certain age groups, yet is most probably not very alarming. A second concern with the wording of the Eurobarometer question on hypertension is that there is no time reference, i.e. an individual that last suffered from a more than usual blood-pressure problem a decade ago would be registered in Blanchflower and Oswald s analysis as an individual suffering from hypertension. In fact, it is not uncommon that in certain periods of one s life a degree of hypertension could arise (e.g. pregnancy, work related stress, exam stress, etc.). Finally, the authors assumption that individuals who said yes had obtained such information from doctors need not be the case; individuals who have a certain personality traits (e.g. negative affectivity) may be inclined to assume that they have had blood-pressure problems. This latter point in particularly worrisome as such individuals would answer a question on life satisfaction or happiness in a similar way, which could explain the very significant correlation between their life satisfaction and blood-pressure variables in Table 6 (Blanchflower and Oswald, 2007, p. 31). As the authors themselves state: It might be conjectured that the paper s correlation is illusory and a product of the fact that an inherently cheery nation will be optimistic about everything. This is an important potential concern. However, the authors stress that it is not easy to believe that someone told by their doctor that they have a condition of high blood- 4

pressure has an incentive to conceal this point (Blanchflower and Oswald, 2007, p. 18; underline introduced by us). This is true, yet, based on the Eurobarometer question, we cannot assume that the respondent was told by their doctor. This is, in our opinion, no mere triviality. The aim of this paper is to use an alternative dataset that has better information on hypertension, namely the Survey on Health, Ageing and Retirement in Europe (SHARE). Our analysis supports the conclusions made by Blanchflower and Oswald (2007). We show that even with objective measures of hypertension a negative relationship between high bloodpressure problems and life satisfaction can be observed. 2. DATA AND METHODS We use data from the Survey on Health, Ageing and Retirement in Europe (SHARE). 2 SHARE is a multidisciplinary and cross-national database of micro data on health, socioeconomic status, and social and family networks of individuals aged 50 or over and their spouses. Eleven countries have contributed data to the 2004 SHARE baseline study which we use in our analysis. They are a balanced representation of the various regions in Europe, ranging from Scandinavia (Denmark and Sweden) through Central Europe (Austria, France, Germany, Switzerland, Belgium, and the Netherlands) to the Mediterranean (Spain, Italy and Greece). Further data have been collected in 2005-06 in Israel. 3 2 3 The following description of the SHARE dataset is taken from the official homepage www.shareproject.org. SHARE is co-ordinated centrally at the Mannheim Research Institute for the Economics of Aging. It has been designed after the role models of the U.S. Health and Retirement Study (HRS) and the English Longitudinal Study of Ageing (ELSA). Compared to HRS and ELSA, SHARE has the advantage to encompass cross-national variation of public policies, cultures and histories in a variety of European countries. This advantage makes SHARE a unique and innovative data set. 5

Data collected include health variables (e.g. self-reported health, physical functioning, cognitive functioning, health behaviour, use of health care facilities), psychological variables (e.g. psychological health, well-being, life satisfaction), economic variables (current work activity, job characteristics, opportunities to work past retirement age, sources and composition of current income, wealth and consumption, housing, education), and social support variables (e.g. assistance within families, transfers of income and assets, social networks, volunteer activities). In our analysis we are particularly interested in the following two questions relating to hypertension: Has a doctor ever told you that you had any of the conditions on this card? high blood pressure or hypertension? (0 no; 1 yes) Do you currently take drugs at least once a week for problems mentioned on this card? drugs for high blood pressure? (0 no; 1 yes) The question related to life satisfaction is worded as follows: How satisfied are you with your life in general? (1 very unsatisfied; 2 somewhat satisfied; 3 somewhat unsatisfied; 4 very satisfied) One possible concern about analysing the SHARE dataset is that it is restricted to individuals aged 50 and older and their spouses. This could give rise to a bias. However, with data from SHARE it can be shown that 72% of all individuals suffering from hypertension are 50 years and older. 4 We analyse a sample of about 20,000 individuals in 12 countries. 4 The wording of the corresponding SHARE question being: About how old were you when you were first told by a doctor that you had high blood pressure? 6

Our methodology is chosen in such a way as to replicate the results of Blanchflower and Oswald (2007), i.e. we first estimate a blood-pressure regression (logit) and then a life satisfaction regression (ordered logit). We then correlate the country coefficients. Finally, we estimate life satisfaction regressions with blood pressure as an explanatory variable. The explanatory variables used in the regressions are country dummies (Belgium is the omitted, base country), age, age squared, a dummy variable for the gender of the respondent, and a set of independent variables as controls for the individual s life experiences before the age of 18 (such as whether the respondent ever had any siblings), the individual s labor force status, stating if the respondent is employed, retired or unemployed, and which kind of job or occupation he has, and a set of dummy variables capturing different forms of marital status. 3. RESULTS Descriptive statistics on life satisfaction and blood-pressure problems are presented in tables 1a 1c. With the exception of Greece, we note that the life satisfaction results are strikingly similar to those in Blanchflower and Oswald (2007). More interesting is the comparison of our results relating to blood-pressure problems with those in Blanchflower and Oswald (2007). Taken over all EU countries in the Blanchflower and Oswald (2007) analysis, 69% reported never having had problems of high blood pressure. The percentage of respondents that answered No to the question Has a doctor ever told you that you had high blood pressure? in our analysis is equal to 68%. Most individuals suffering from high blood pressure also take medication (31% of whole population). 7

Table 1a: Descriptive data on life satisfaction levels (%) somewhat somewhat very very satisfied satisfied dissatisfied dissatisfied missing N country Austria 31.6 57.8 6.2.7 3.7 1703 Germany 30.0 57.4 8.7 1.4 2.4 1924 Sweden 35.8 57.2 3.0.6 3.5 2158 Netherlands 58.9 36.4 2.1.8 1.8 2092 Spain 42.1 44.4 9.7 1.7 2.1 1560 Italy 16.1 64.0 11.1 2.4 6.4 1562 France 15.6 69.5 9.9 1.8 3.2 1235 Denmark 64.1 27.9 2.4.3 5.3 1267 Greece 36.6 51.1 8.7 2.5 1.2 1986 Switzerland 46.5 45.3 3.8.5 3.8 739 Belgium 37.7 54.6 4.1.9 2.6 2690 Israel 24.4 53.0 14.9 2.7 5.0 1720 Total 36.5 51.9 6.9 1.4 3.2 20636 Note: Responses are based on the following question: How satisfied are you with your life in general: very satisfied, somewhat satisfied, somewhat dissatisfied, or very dissatisfied? Table 1b: Descriptive data on high blood-pressure diagnosis (%) No Yes N country Austria 69.1 30.9 1887 Germany 64.6 35.4 3004 Sweden 71.2 28.8 3053 Netherlands 75.2 24.8 2963 Spain 65.7 34.3 2382 Italy 63.9 36.1 2551 France 72.1 27.9 3120 Denmark 71.4 28.6 1704 Greece 67.0 33.0 2896 Switzerland 74.4 25.6 1000 Belgium 69.5 30.5 3819 Israel 58.6 41.4 2596 Total 68.3 31.7 30975 Note: Responses are based on the following question: Has a doctor ever told you that you had high blood pressure? 8

Table 1c: Descriptive data on high blood-pressure medication (%) No Yes N country Austria 68.7 31.3 1887 Germany 65.1 34.9 3004 Sweden 72.1 27.9 3052 Netherlands 75.8 24.2 2961 Spain 67.6 32.4 2381 Italy 64.1 35.9 2551 France 69.2 30.8 3118 Denmark 73.6 26.4 1704 Greece 67.4 32.6 2896 Switzerland 72.1 27.9 1000 Belgium 73.9 26.1 3819 Israel 58.2 41.8 2595 Total 69.0 31.0 30968 Note: Responses are based on the following question: Do you currently take drugs at least once a week for high blood pressure? Table 2 presents the cross-tabulation at the individual level between life satisfaction and high blood-pressure diagnosis. Individuals that are very satisfied with life are also clearly overrepresented among individuals without blood-pressure problems (actual 5406 vs. expected 5137; χ 2 equal to 86 with 4 degrees of freedom). Table 2: Cross-tabulation of blood pressure diagnosis and life satisfaction high blood pressure life satisfaction very satisfied somewhat satisfied somewhat dissatisfied very dissatisfied missing no N 5406 7137 892 168 458 14061 Expected 5137,3 7303,8 972,5 190,8 456,6 14061,0 % 38,4% 50,8% 6,3% 1,2% 3,3% 100,0% yes N 2132 3580 535 112 212 6571 Expected 2400,7 3413,2 454,5 89,2 213,4 6571,0 % 32,4% 54,5% 8,1% 1,7% 3,2% 100,0% N 7538 10717 1427 280 670 20632 Expected 7538,0 10717,0 1427,0 280,0 670,0 20632,0 % 36,5% 51,9% 6,9% 1,4% 3,2% 100,0% Note: Responses are based on the following questions: How satisfied are you with your life in general: very satisfied, somewhat satisfied, somewhat dissatisfied, or very dissatisfied? and Has a doctor ever told you that you had high blood pressure?. χ 2 equal to 86 with 4 degrees of freedom. Spearman correlation equal to 0.060 and significant at the 0.001 level. 9

We then ran ordered logit life-satisfaction and logit blood-pressure regressions along the lines in Blanchflower and Oswald (2007). In figures 1a and 1b we present the relationship between the country-dummy coefficients in these two regressions for both hypertension variables in our dataset. As in Blanchflower and Oswald (2007) we observe a clear negative relationship between blood-pressure diagnosis and life satisfaction. 5 Figure 1a: The inverse correlation between high blood-pressure (diagnosis) and life satisfaction Note: These points plot country-dummy coefficients. The data are the country coefficients resulting from an ordered logit lifesatisfacton regression, and the country coefficients resulting from a logit blood-pressure regression where the blood-pressure dummy reports if the doctor has told the respondent that he has high blood pressure or not. Both regression include personal controls variables (5 dummies relating to the individual s experiences before the age of 18, 11 labour force status dummies, and 6 marital status dummies), gender, age, and age 2. 5 Regression results available upon request. 10

Figure 1b: The inverse correlation between high blood-pressure (medication) and life satisfaction Note: These points plot country-dummy coefficients. The data are the country coefficients resulting from an ordered logit lifesatisfacton regression, and the country coefficients resulting from a logit blood-pressure regression where the blood-pressure dummy reports if the respondent currently takes drugs for high blood pressure or not. Both regression include personal controls variables (5 dummies relating to the individual s experiences before the age of 18, 11 labour force status dummies, and 6 marital status dummies), gender, age, and age 2. Finally, we estimated an ordered life-satisfaction logit model and included our blood-pressure variables as explanatory variables. The results are presented in tables 3a and b. As can be seen, there is a significant negative correlation between high blood-pressure diagnosis and life satisfaction as well as a significant negative correlation between high blood-pressure medication and life satisfaction. 11

Table 3a: Ordered Logit Life-Satisfaction Equations including a High Blood-Pressure Dummy Variable stating if the doctor has told the respondent that he has high blood pressure (1) (2) (3) (4) Blood-pressure dummy -.248 *** -.196 *** -.160 *** -.148 *** Austria -.274 *** -.253 *** -.253 *** Germany -.354 *** -.351 *** -.350 *** Sweden -.059 -.048 -.121 * Netherlands.804 ***.811 ***.789 *** Spain.030.060.029 Italy -1.022 *** -1.017 *** -1.163 *** France -.886 *** -.885 *** -.895 *** Denmark.962 ***.969 ***.991 *** Greece -.133 * -.127 * -.199 *** Switzerland.284 ***.294 ***.258 ** Israel -.828 *** -.833 *** -.719 *** Age -.008 *** -.004 * Age 2.000 ***.000 * Male.172 ***.064 * Personal controls No No No Yes Cut 1.723.596.152-5.610 Cut 2-1.876-2.156-2.608-8.440 Cut 3-2.869-3.166-3.619-9.468 Cut 4-3.232-3.532-3.985-9.835 Pseudo R 2.004.089.093.124 N 20632 20632 20632 20632 Notes: Blood-pressure dummy is a dummy variable for reporting if the doctor has told the respondent that he has high blood pressure. Personal controls are 5 dummies relating to the individual s experiences before the age of 18, 11 labour force status dummies, and 6 marital status dummies. Pseudo R 2 is calculated following Nagelkerke. Belgium is the reference country. significant at.05 level, ** significant at.01 level, *** significant at.001 level Table 3b: Ordered Logit Life-Satisfaction Equations including a High Blood-Pressure Dummy Variable stating if the respondent currently takes at least once a week drugs against high blood pressure (1) (2) (3) (4) Blood-pressure dummy -.218 ***.142 ***.096 **.090 ** Austria -.267 *** -.249 *** -.249 *** Germany -.351 *** -.351 *** -.349 *** Sweden -.052 -.043 -.117 * Netherlands.812 ***.818 ***.796 *** Spain.032.061.029 Italy -1.017 *** -1.015 *** -1.162 *** France -.873 *** -.876 *** -.886 *** Denmark.964 ***.970 ***.992 *** Greece -.130 ** -.126 ** -.198 *** Switzerland.296 *** -304 ***.266 *** Israel -.825 *** -.834 *** -.714 *** Age -.008 *** -.005 * Age 2.000 ***.000 * Male.175 ***.065 * Personal controls No No No Yes Cut 1.704.565.094-5.482 Cut 2-1.893-2.185-2.664-8.311 Cut 3-2.886-3.194-3.675-9.338 Cut 4-3.249-3.560-4.041-9.705 Pseudo R 2.003.088.092.123 N 20631 20631 20631 20631 Notes: Blood-pressure dummy is a dummy variable for reporting if the respondent currently takes at least once a week drugs against high blood pressure. Personal controls are 5 dummies relating to the individual s experiences before the age of 18, 11 labour force status dummies, and 6 marital status dummies. Pseudo R 2 is calculated following Nagelkerke. Belgium is the reference country. significant at.05 level, ** significant at.01 level, *** significant at.001 level 12

4. CONCLUSION This paper replicates the analysis of the relationship between high blood-pressure problems and life satisfaction in Blanchflower and Oswald (2007) using data from SHARE. It shows that, even with more objective measures of high blood-pressure problems, a significant negative relationship between these measures and life satisfaction is observable. What neither our study nor the analysis of Blanchflower and Oswald (2007) can assess is the direction of causality does life satisfaction influence hypertension or vice versa. More importantly, both studies cannot determine the extent to which a kind of selection bias exists, namely that individuals with certain personality traits are more likely to consult their doctors. It is well known that hypertension does not necessarily make people feel worse and that it is thus often not diagnosed or only discover at a routine check-up. If the inclination to consult one s doctor is related to the individual s reporting behavior with regard to life-satisfaction questions, then the observed negative correlation between high blood-pressure problems and life satisfaction may be driven by an individual s unobserved personality traits and less by the incident of high blood-pressure. Ideally, one would need panel data in order to resolve this issue. 13