This paper analyzes whether individuals have equal opportunity to achieve happiness (or well-being). We estimate sibling correlations and intergenerational correlations in self-reported life satisfaction, satisfaction with household income, job satisfaction, and satisfaction with health. We find...

This paper analyzes what adult children would do for their parents were they frail and in need of long-term care. Focusing on the special case of parents' illness, the paper then investigates altruism in Japanese children. Descriptive statistics show that about 30% of adult children living...

This study tests whether individuals who grow up with parents on welfare benefits are themselves more (or less) likely to be welfare recipients as young adults, compared to individuals who grow up in non-welfare households. We use the sibling difference method to identify causal effects...

This study tests whether individuals who grow up with parents on welfare benefits are themselves more (or less) likely to be welfare recipients as young adults, compared to individuals who grow up in non-welfare households. We use the sibling difference method to identify causal effects...

This paper uses the GSOEP to analyze the impact of German reunification on financial transfers from parents to their adult children. A difference-in-differences approach is applied to estimate probability and amount of transfers. The analysis indicates that, across time, Easterners are less...