Family Size and Happiness: Evidence From the Twin Birth Instrument

Faculty Mentor(s) Name(s)

Brooke Conaway

Abstract

With declining mental health and fertility rates in the United States, the relationship between having children and happiness has wide-ranging implications. Because parents voluntarily decide how many children to have, identifying a causal relationship between procreation and happiness is challenging. In this paper, we attempt to estimate the exogenous effect of the number of children on parental happiness by employing an Instrumental Variable (IV) regression. As our instrument, we use the quasi-random occurrence of twin births.

Start Date

27-3-2024 1:20 PM

End Date

27-3-2024 1:28 PM

Location

Atkinson 107

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Mar 27th, 1:20 PM Mar 27th, 1:28 PM

Family Size and Happiness: Evidence From the Twin Birth Instrument

Atkinson 107

With declining mental health and fertility rates in the United States, the relationship between having children and happiness has wide-ranging implications. Because parents voluntarily decide how many children to have, identifying a causal relationship between procreation and happiness is challenging. In this paper, we attempt to estimate the exogenous effect of the number of children on parental happiness by employing an Instrumental Variable (IV) regression. As our instrument, we use the quasi-random occurrence of twin births.