Empirical analyses on the determinants of life satisfaction often include the impact of the number of children variable … driven by heterogeneous opportunity costs. Our empirical results give rise to a paradox: why people have children if the … paradox are strictly connected. Effectiveness of tax/subsidies impacting on fertility crucially depends on whether the …

Using longitudinal data for children aged 10-15 years living in England in 2009-2014 we test the hypothesis that income … matters for children’s life satisfaction. The results suggest that children are more satisfied with life the more income their … family has. Income effects are larger the less income the family has and statistically significant for children from the age …

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 … pattern. Those who have children at older ages or have more education have a particularly positive happiness response to a …