%0 Report %A Cetre, Sophie %A Clark, Andrew E. %A Senik, Claudia %T Happy People Have Children: Choice and Self-Selection into Parenthood %D 2016 %8 2016 Apr %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 9880 %U https://www.iza.org/publications/dp9880 %X There is mixed evidence in the existing literature on whether children are associated with greater subjective well-being, with the correlation depending on which countries and populations are considered. We here provide a systematic analysis of this question based on three different datasets: two cross-national and one national panel. We show that the association between children and subjective well-being is positive only in developed countries, and for those who become parents after the age of 30 and who have higher income. We also provide evidence of a positive selection into parenthood, whereby happier individuals are more likely to have children. %K happiness %K fertility %K children %K income %K selection