A global perspective on happiness and fertility
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.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Angus Deaton, 2008.
"Income, Health, and Well-Being around the World: Evidence from the Gallup World Poll,"
Journal of Economic Perspectives,
American Economic Association, vol. 22(2), pages 53-72, Spring.
- Angus Deaton, 2008. "Income, Health, and Well-Being around the World: Evidence from the Gallup World Poll," Working Papers 1124, Princeton University, Woodrow Wilson School of Public and International Affairs, Center for Health and Wellbeing..
- Hans-Peter Kohler & Francesco C. Billari & José Antonio Ortega, 2002. "The Emergence of Lowest-Low Fertility in Europe During the 1990s," Population and Development Review, The Population Council, Inc., vol. 28(4), pages 641-680.
- Vani Borooah, 2006. "How much happiness is there in the world? A cross-country study," Applied Economics Letters, Taylor & Francis Journals, vol. 13(8), pages 483-488.
- Easterlin, Richard A., 1995. "Will raising the incomes of all increase the happiness of all?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(1), pages 35-47, June.
- Thomas Hansen & Britt Slagsvold & Torbjørn Moum, 2009. "Childlessness and Psychological Well-Being in Midlife and Old Age: An Examination of Parental Status Effects Across a Range of Outcomes," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 94(2), pages 343-362, November. Full references (including those not matched with items on IDEAS)