Do Rich Parents Enjoy Children Less?

50 Pages Posted: 11 May 2018

See all articles by Marco le Moglie

Marco le Moglie

Bocconi University

Letizia Mencarini

Bocconi University - DONDENA - Carlo F. Dondena Centre for Research on Social Dynamics

Chiara Rapallini

University of Florence

Date Written: March 2018

Abstract

We investigate the role of individual labor income as a moderator of parental subjective well-being trajectories before and after first childbirth for couples living in Germany. Analyzing German Socio-economic Panel Survey data, we found that income matters negatively for parental subjective well-being after childbirth, though with important differences by education and gender. In particular, among better educated parents, the richer see the arrival of a child more negatively. Parental income is measured by the average of individual labor income within three years before the birth, the individual labor income at three years from the event, and the equivalent household income. In this way, we provide evidence that results are robust to potential endogeneity between income and childbirth, and for alternative measures of income. Results are discussed in terms of preferences among different groups of parents, and work and family balance.

Keywords: First Child, Subjective Well-Being, Individual Income, Education, Germany, SOEP

JEL Classification: J1, J13, D1, I31

Suggested Citation

le Moglie, Marco and Mencarini, Letizia and Rapallini, Chiara, Do Rich Parents Enjoy Children Less? (March 2018). SOEPpaper No. 964, Available at SSRN: https://ssrn.com/abstract=3169746 or http://dx.doi.org/10.2139/ssrn.3169746

Marco Le Moglie (Contact Author)

Bocconi University ( email )

Via Sarfatti, 25
Milan, MI 20136
Italy

Letizia Mencarini

Bocconi University - DONDENA - Carlo F. Dondena Centre for Research on Social Dynamics ( email )

Via Roentgen 1
Milan, 20136
Italy

Chiara Rapallini

University of Florence ( email )

Piazza di San Marco, 4
Florence, 50121
Italy

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
14
Abstract Views
416
PlumX Metrics