UZH-Logo

Maintenance Infos

Happiness and altruism within the extended family


Schwarze, Johannes; Winkelmann, Rainer (2011). Happiness and altruism within the extended family. Journal of Population Economics, 24(3):1033-1051.

Abstract

We propose a direct measure of altruism between parents and adult children, using survey data on happiness from the German Socio-Economic Panel for the years 2000–2004. The question of altruism within families has policy relevance, for example, to understand whether public transfers crowd out private ones. Previous empirical evidence, based on observed transfer behavior, has failed to establish a clear consensus. Using various cross section, panel data, and instrumental variable estimators, we find a robust association between the happiness of parents and that of their adult children. A 1 standard deviation increase in a child’s happiness is associated with the same increase in own happiness as that of a 20–45% increase in household income, depending on specification.

We propose a direct measure of altruism between parents and adult children, using survey data on happiness from the German Socio-Economic Panel for the years 2000–2004. The question of altruism within families has policy relevance, for example, to understand whether public transfers crowd out private ones. Previous empirical evidence, based on observed transfer behavior, has failed to establish a clear consensus. Using various cross section, panel data, and instrumental variable estimators, we find a robust association between the happiness of parents and that of their adult children. A 1 standard deviation increase in a child’s happiness is associated with the same increase in own happiness as that of a 20–45% increase in household income, depending on specification.

Citations

10 citations in Web of Science®
12 citations in Scopus®
Google Scholar™

Altmetrics

Downloads

207 downloads since deposited on 02 Nov 2011
42 downloads since 12 months
Detailed statistics

Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Economics
Dewey Decimal Classification:330 Economics
Language:English
Date:July 2011
Deposited On:02 Nov 2011 10:09
Last Modified:05 Apr 2016 15:04
Publisher:Springer
ISSN:0933-1433
Additional Information:The original publication is available at www.springerlink.com
Free access at:Publisher DOI. An embargo period may apply.
Publisher DOI:https://doi.org/10.1007/s00148-010-0326-8
Permanent URL: https://doi.org/10.5167/uzh-50625

Download

[img]
Preview
Content: Accepted Version
Filetype: PDF
Size: 176kB
View at publisher

TrendTerms

TrendTerms displays relevant terms of the abstract of this publication and related documents on a map. The terms and their relations were extracted from ZORA using word statistics. Their timelines are taken from ZORA as well. The bubble size of a term is proportional to the number of documents where the term occurs. Red, orange, yellow and green colors are used for terms that occur in the current document; red indicates high interlinkedness of a term with other terms, orange, yellow and green decreasing interlinkedness. Blue is used for terms that have a relation with the terms in this document, but occur in other documents.
You can navigate and zoom the map. Mouse-hovering a term displays its timeline, clicking it yields the associated documents.

Author Collaborations