Fulvio Castellacci, UiO
Department seminar. Fulvio Castellacci is the director of the TIK Centre for Technology, Innovation and Culture at the University of Oslo. He will present a paper entitled "Internet Use and the U-shaped relationship between Age and Well-being" co-authored by Henrik Schwabe.
Fulvio Castellacci. Photo: Tron Trondal
Extant research shows that the relationship between age and well-being is U-shaped. This paper investigates the effects of Internet use on subjective well-being over the life cycle. We argue that Internet use moderates the U-shaped relationship, affecting its turning point and slopes. We use the Eurobarometer annual surveys for the years 2010 to 2016, which provide rich information for around 120,000 individuals in all European countries. The econometric analysis exploits exogenous variation in broadband Internet take-up across European countries. The 2SLS estimation results show that active Internet users have a different well being pattern over the life cycle compared to other individuals. Specifically, we find that Internet users experience: (1) a more stable level and less pronounced decrease in life satisfaction in their younger adult life; and (2) an earlier and stronger recovery after the turning point of the U-shape.
Host: Halvor Mehlum