TY - RPRT AU - Cetre, Sophie AU - Clark, Andrew E. AU - Senik, Claudia TI - Happy People Have Children: Choice and Self-Selection into Parenthood PY - 2016/Apr/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 9880 UR - https://www.iza.org/publications/dp9880 AB - 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. KW - happiness KW - fertility KW - children KW - income KW - selection ER -