Using four cross-sectional data files for the United States and Europe we show that Adverse Childhood Experiences (ACE) have a significant impact on subjective wellbeing (SWB) in adulthood. Death of a parent, parental separation or divorce, financial difficulties, the prolonged absence of a...

In this paper we study the relationship between fertility and divorce. The potential endogeneity of fertility in divorce decisions is explicitly addressed by modelling fertility and divorce jointly. We apply the "timing-of-event" method (Abbring & van den Berg (2002)) to identify the causal...

The big five personality traits develop over a person's lifetime. There is some suggestive evidence that major life events - such as getting married, being fired from a job, and having children - affect personality. However, these associations cannot be interpreted as causal. This is the first...