Wealth is far from being a homogeneous and monolithic concept. Wealth can be positive or negative (e.g. assets versus debts), more or less accessible (e.g. bank accounts versus housing wealth), and more or less time-constrained (e.g. cars versus bonds and mutual funds). These different forms of...

Understanding child-related costs is crucial given their impact on fertility and labour supply decisions. We quantify and compare the cost of children in Europe by analysing the effect of child births on parents’ self-reported ability to make ends meet. This study is based on EUSILC...

This paper addresses the well-known question of what drives people's well-being using two alternative measures of subjective well-being and comparing two econometric approaches, thus providing results robust to the recent critique by Bond and Lang (2019). The classical OLS and ordered probit...