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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
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
This paper examines the central hypothesis of the influential Malthusian theory, according to which improvements in the technological environment during the pre-industrial era had generated only temporary gains in income per capita, eventually leading to a larger, but not significantly richer,...
Persistent link: https://www.econbiz.de/10012461621
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 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
failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention. The …) model with fertility choice and altruism, and model ownership by introducing a minimum constraint on transfers from parents … transfer floor is binding, fertility choices are inefficient. We show how this inefficiency relates to dynamic inefficiency in …
Persistent link: https://www.econbiz.de/10012462988
In this chapter we revisit the relationship between income and fertility. There is overwhelming empirical evidence that … fertility is negatively related to income in most countries at most times. Several theories have been proposed in the literature …
Persistent link: https://www.econbiz.de/10012464383
There has been a well-documented retreat from marriage among less educated individuals in the U.S. and non-marital childbearing has become the norm among young mothers and mothers with low levels of education. One hypothesis is that the declining economic position of men in these populations is...
Persistent link: https://www.econbiz.de/10012455273
A central finding in happiness research is that a person's income relative to the average income in her social reference group is more important for her life satisfaction than the absolute level of her income. This dependence of life satisfaction on relative income can be related to the...
Persistent link: https://www.econbiz.de/10003348533
Non-cash benefits can have substantial effects on the distribution of economic welfare. Standard approaches to the inclusion of non-cash benefits in broader measures of resources have failed to take adequate account of the pattern of needs associated with the greater use of health and education...
Persistent link: https://www.econbiz.de/10003796389