Testing for Utility Interdependence in Marriage: Evidence from Panel Data
Nattavudh Powdthavee ()
Labor and Demography from University Library of Munich, Germany
This paper is the first of its kind to study utility interdependence in marriage using information on subjective well-being of a large sample of people living in the UK over the period 1991-2001. Using “residual” self-rated health to provide instrument for spouse’s well-being and allowing controls on individual fixed effects, we find strong evidence of altruism represented by interdependent relationships in the reported well-being found only among spouses, and not by partners in cohabiting union. Panel data also show that the well-being impact resulting from “caring” can be used to predict future income, unemployment, and marital status for the individuals.
Keywords: happiness; altruism; marriage; interdependent utility (search for similar items in EconPapers)
JEL-codes: D64 J12 (search for similar items in EconPapers)
Date: 2004-03-31, Revised 2004-04-01
Note: Type of Document - pdf; pages: 43
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed
Downloads: (external link)
Working Paper: Testing for Utility Interdependence in Marriage: Evidence from Panel Data (2004)
Working Paper: TESTING FOR UTILITY INTERDEPENDENCE IN MARRIAGE: EVIDENCE FROM PANEL DATA (2004)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpla:0403037
Access Statistics for this paper
More papers in Labor and Demography from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().