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Happy people have children : choice and self-selection into parenthood

Cetre, Sophie; Clark, Andrew E.; Senik-Leygonie, Claudia - 2016

There is mixed evidence in the existing literature on whether children are associated with greater subjective well-being, with the correlation depending on which countries and populations are considered. We here provide a systematic analysis of this question based on three different datasets:...

Persistent link: https://www.econbiz.de/10011457380

Income and fertility of female college graduates in the United States

Cai, Zhengyu; Winters, John V. - 2024

Fertility rates have fallen below replacement levels in many economies. We examine the relationship between female … incomes and fertility for college graduates in the United States. Female income is likely endogenous to fertility, and … procedure to estimate two-sided bounds for the effect of female income on fertility. The effect of female income on fertility is …

Persistent link: https://www.econbiz.de/10015084141

How does parental divorce affect children's long-term outcomes?

Frimmel, Wolfgang; Halla, Martin; Winter-Ebmer, Rudolf - 2016

Numerous papers report a negative association between parental divorce and child outcomes. To provide evidence whether this correlation is driven by a causal effect, we exploit idiosyncratic variation in the extent of sexual integration in fathers' workplaces: Fathers who encounter more women in...

Persistent link: https://www.econbiz.de/10011475183

The happiness-income paradox revisited

Easterlin, Richard A.; McVey, Laura Angelescu; Switek, … - 2011

The striking thing about the happiness-income paradox is that over the long-term - usually a period of 10 y or more - happiness does not increase as a country's income rises. Heretofore the evidence for this was limited to developed countries. This article presents evidence that the long term...

Persistent link: https://www.econbiz.de/10009309505

Is subjective well-being insured against income shocks? : evidence from 20-year panel data in South Korea

Kim, Seonghoon; Ahn, Taehyun; Kim, Seonghoon - 2024

Using 20 years of nationally representative panel data in South Korea, we estimate how life satisfaction responds to income shocks. We document that unexpected income changes significantly impact an individual's life satisfaction, and the magnitudes depend on the persistence of income shocks. We...

Persistent link: https://www.econbiz.de/10015144092

Life satisfaction and relative income : perceptions and evidence

Mayraz, Guy; Wagner, Gert G.; Schupp, Jürgen - 2009

Using a unique dataset we study both the actual and self-perceived relationship between subjective well-being and income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of questions than in previous studies. In questions inserted into a...

Persistent link: https://www.econbiz.de/10003895798

Subjective well-being, income, economic development and growth

Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2010

We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...

Persistent link: https://www.econbiz.de/10009152425

Happiness, habits and high rank : comparisons in economic and social life

Clark, Andrew E. - 2011

The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...

Persistent link: https://www.econbiz.de/10009408713

Showing off to the new neighbors? : income, socioeconomic status and consumption patterns of internal migrants

Danzer, Alexander M.; Dietz, Barbara; Gatskova, Ksenia; … - 2013

This paper analyses incomes and socioeconomic status of internal migrants over time and in comparison to their new neighbors and investigates whether status consumption is a way for newly arrived city dwellers to signal their social standing. Using a novel dataset from the emerging economy of...

Persistent link: https://www.econbiz.de/10009740076

Estimating the influence of life satisfaction and positive affect on later income using sibling fixed-effects

De Neve, Jan-Emmanuel; Oswald, Andrew J. - 2012

The question of whether there is a connection between income and psychological well-being is a long-studied issue across the social, psychological, and behavioral sciences. Much research has found that richer people tend to be happier. However, relatively little attention has been paid to...

Persistent link: https://www.econbiz.de/10009675122