Does income moderate the satisfaction of becoming a parent? In Germany it does and depends on education

Marco Le Moglie, Letizia Mencarini, Chiara Rapallini

Research output: Contribution to journalArticle

4 Citations (Scopus)

Abstract

We investigate the role of individual labor income as a moderator of parental subjective well-being trajectories before and after the birth of the first child in Germany. Analyzing the German Socio-Economic Panel Survey (SOEP), we found that income matters negatively for parental life satisfaction after the first birth, though with important differences by education and gender. In particular, among better-educated parents, those with higher income experience a steeper decrease in their subjective well-being. Income is measured as the average of individual labor income within 3 years before the birth. We provide evidence that our results are robust to potential endogeneity between income and first childbirth using the individual labor income at 3 years from the event, and for an alternative measure, i.e. the equivalent household income. Results are discussed in terms of different aspirations and difficulties parents may experience, especially in terms of work and family balance.
Original languageEnglish
Pages (from-to)915-952
Number of pages38
JournalJournal of Population Economics
Volume32
DOIs
Publication statusPublished - 2019

Keywords

  • SUBJECTIVE WELL-BEING
  • EDUCATION GERMANY
  • INDIVIDUAL INCOME

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