3 ms·
> OK, so job quitting and breaking up both have “very large, positive, and statistically significant coefficients at six months”. How big? Ludicrously, insanely
by endymi0n 5y ago
> OK, so job quitting and breaking up both have “very large, positive, and statistically significant coefficients at six months”. How big? Ludicrously, insanely big.
> The causal effect of quitting a job is estimated to be a gain of 5.2 happiness points out of 10, and breaking up as a gain of 2.7 out of 10! This is the kind of welfare jump you might expect if you moved from one of the least happiness countries in the world to one of the happiest, though presumably these effects would fade over time.
> Both results are significant at the p=0.04 level, and fortunately I don’t think Levitt had many if any opportunities for specification mining here to artificially drive down the p value.
https://80000hours.org/2018/08/randomised-experiment-if-youre-really-unsure-whether-to-quit-your-job-or-break-up-you-really-probably-should/ https://80000hours.org/2018/08/randomised-experiment-if-your...
https://news.ycombinator.com/item?id=17840275 https://news.ycombinator.com/item?id=17840275
^^ big caveat emptor in the top comment though ;-)