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  • With falling fertility levels and the increasing popularity of the economics of happiness, the relationship between fertility and well-being has gained the attention of economists. The subjective well-being of parents is expected to reveal the subjectively perceived costs and benefits of having children and is considered by many to be a proxy for utility. Numerous empirical studies estimating the relationship between fertility and parental well-being have been published with the goal of shedding light on recent fertility trends. This chapter summarizes the current literature, which tends to report a negative well-being gap between parents and childless individuals as well as decreased well-being levels of parents in comparison to their pre-pregnancy levels. The less frequent positive effects of fertility are mostly found in countries where fertility is a sign of social status. For developed countries, positive fertility effects are usually found among older parents, parents with higher socio-economic status, and parents living in countries with generous family support. The general conclusion is that the financial and time costs of raising children are responsible for decreased levels of well-being among many parents. (xsd:string)
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  • 2020 (xsd:gyear)
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  • 2020 (xsd:gyear)
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  • 10.1007/978-3-319-57365-6_314-1 ()
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  • 9783319573656 ()
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  • Fertility and Well-being (xsd:string)
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  • Handbook of Labor, Human Resources and Population Economics (xsd:string)
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  • In Handbook of Labor, Human Resources and Population Economics, edited by Zimmermann, Klaus F., 1-21, Springer International Publishing, 2020 (xsd:string)
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