A global perspective on happiness and fertility
Rachel Margolis and
Mikko Myrskylä
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Mikko Myrskylä: Max Planck Institute for Demographic Research, Rostock, Germany
No WP-2010-025, MPIDR Working Papers from Max Planck Institute for Demographic Research, Rostock, Germany
Abstract:
The literature on fertility and happiness has neglected comparative analysis. We investigate the fertility-happiness association using data for 86 countries. We find that globally, happiness decreases with the number of children. This association, however, is strongly modified by individual and contextual factors. Most importantly, we find that the association between happiness and fertility evolves from negative to neutral to positive above age 40, and is strongest among those who are likely to benefit most from upward intergenerational transfers. In addition, analyses by welfare regime show that the negative fertility-happiness association for younger adults is weakest in countries with high public support for families, and the positive association above age 40 is strongest in countries where old-age support depends mostly on the family. Overall these results suggest that children are a long-term investment in well-being, and highlight the importance of the life-cycle stage and contextual factors in explaining the happiness-fertility association.
JEL-codes: J1 Z0 (search for similar items in EconPapers)
Pages: 47 pages
Date: 2010
New Economics Papers: this item is included in nep-hap and nep-ltv
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Citations: View citations in EconPapers (13)
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Persistent link: https://EconPapers.repec.org/RePEc:dem:wpaper:wp-2010-025
DOI: 10.4054/MPIDR-WP-2010-025
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