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Unemployment Alters the Set Point for Life Satisfaction

Richard E. Lucas,A. Clark,Y. Georgellis,E. Diener

2004 · DOI: 10.1111/j.0963-7214.2004.01501002.x
Psychology Science · 1,258 Citations

TLDR

Although life satisfaction is moderately stable over time, life events can have a strong influence on long-term levels of subjective well-being, as shown in the results of a 15-year longitudinal study of more than 24,000 individuals in Germany.