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Faculty of Business - Papers (Archive)

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2014

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Full-Text Articles in Business

The Effect Of Chronic Pain On Life Satisfaction: Evidence From Australian Data, Paul Mcnamee, Silvia Mendolia Jan 2014

The Effect Of Chronic Pain On Life Satisfaction: Evidence From Australian Data, Paul Mcnamee, Silvia Mendolia

Faculty of Business - Papers (Archive)

Chronic pain is associated with significant costs to individuals directly affected by this condition, their families, the healthcare system, and the society as a whole. This paper investigates the relationship between chronic pain and life satisfaction using a sample of around 90,000 observations from the first ten waves of the Household, Income and Labour Dynamics of Australia Survey (HILDA), which is a representative survey of the Australian population that started in 2000. We estimate the negative impact on life satisfaction and examine the persistence of the effect over multiple years. Chronic pain is associated with poor health conditions, disability, decreased …