Partner + Children = Happiness? The Effects of Partnerships and Fertility on Well-Being
Economic and rational-choice theories suggest that individuals form unions or have children because these decisions increase their subjective well-being or "happiness." We investigate this relation using within-MZ (identical) twin pair estimates to control for unobserved factors, such as optimistic preferences, that may simultaneously affect happiness, partnerships, and fertility. Our findings, based on Danish twins aged 25-45 and 50-70 years old, include the following. (1) Currently being in a partnership has large positive effects on happiness. (2) A first child substantially increases well-being, in analyses without controls for partnerships, and males enjoy an almost 75 percent larger happiness gain from a first-born son than from a first-born daughter; however, only females enjoy a happiness gain from the first-born child with controls for partnerships. (3) Additional children beyond the first child have a negative effect on subjective well-being for females, while there is no effect for males. (4) Ever having had children does not significantly affect the subjective well-being of males or females aged 50-70 years. Copyright 2005 The Population Council, Inc..
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Volume (Year): 31 (2005)
Issue (Month): 3 ()
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