Article ID Journal Published Year Pages File Type
10437829 Journal of Economic Behavior & Organization 2005 9 Pages PDF
Abstract
Over the life cycle aspirations for material goods grow commensurately with consumer wealth. But aspirations for marriage and the number and “quality” of children do not change much. The puzzle is why there is this difference between life domains in the extent to which aspirations adapt to actual circumstances. The findings come from a cohort analysis of 1978 and 1994 survey responses on the good life.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
,