Kinder - ein Quell der Freude?!

Research output: Working paperWorking papers

Authors

It is well known, that the presences of children lower parental happiness. That is based on psychological and economical reasons. The effect holds on for micro data of the GSOEP. The
number of children affects an inverse u-shaped curve on happiness. Even an enlargement of the dataset with macroeconomic variables offers the same results. The effect disappears only after generating terms of interaction for catching some effects of macroeconomic uncertainty. Children turn to be positive. This result could be interpreted as consumption utility of
children. Considering these factors, children might be a source of joy.
Original languageGerman
Place of PublicationBerlin
PublisherDeutsches Institut für Wirtschaftsforschung (DIW)
Number of pages22
Publication statusPublished - 2009