Understanding how having children influences the parents' subjective well-being (happiness) has great potential to explain fertility behavior. We study parental happiness trajectories before and after the birth of a child using large British and German longitudinal data sets. We account for...

Understanding how having children influences the parents' subjective well-being ("happiness") has great potential to explain fertility behavior. We study parental happiness trajectories before and after the birth of a child using large British and German longitudinal data sets. We account for...