Is the midlife crisis real? Economists and psychologists disagree.
Two economists recently presented a working paper offering statistical proof for the existence of the midlife crisis. In a survey of 1.3 million people across 51 countries, the researchers found that people report a measurable decline in happiness, starting in their 30s and continuing until around 50, when they started to feel satisfied with their lives again.
"We're seeing this U-shape, this psychological dip, over and over again. There is definitely a midlife low," said Andrew Oswald, an economist at the University of Warwick and co-author of the study.
But many psychologists say the midlife crisis doesn't exist. "I've been doing research for pretty much my whole career on adult development, and I've never found age linked definitively to anything psychological about a person," said Susan Krauss Whitbourne, a professor of psychology and brain science at the University of Massachusetts-Amherst. "You can call it a midlife crisis. A quarter-life crisis. But whatever's going on with you personally, you can't blame it on age."
And back and forth the argument goes: "I don't know why some psychologists say it doesn't exist," said Oswald's co-author, David Blanchflower, an economics professor at Dartmouth College. "It's blindingly obvious. All we did was plot the data points."
"I don't understand why they're so set on this," Whitborne said. "They're economists. What if I tried to use psychoanalytical measures to index the economy?"
The idea of a midlife crisis originated in the early 1960s with Canadian psychologist Elliott Jaques. He was studying the creative habits of 310 famous artists such as Mozart, Raphael and Gauguin when he noticed a common trait: When they entered their mid-30s, their creative output waned. Some became depressed. A few died by suicide.
He then observed the same pattern among his clients. As people approached middle age, many of them became acutely aware their lives were finite and reported an increasing fear they might not achieve their goals.