What can happiness research tell us about altruism? evidence from the German socio-economic panel
By: by Johannes Schwarze, Rainer Winkelmann.
Contributors: Winkelmann, Rainer
Series: Discussion paper ;; no. 1487; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;; no. 1487
Publisher: IZA
Published: 2005
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Happiness -- Economic aspects.; Economics -- Psychological aspects.; Well-being.
Description: "Much progress has been made in recent years on developing and applying a direct measure of utility using survey questions on subjective well-being. In this paper we explore whether this new type of measurement can be fruitfully applied to the study of interdependent utility in general, and altruism between parents and children in particular. We introduce an appropriate econometric methodology and, using data from the German Socio-Economic Panel for the years 2000-2002, find that the parents' self-reported happiness depends positively, albeit not very strongly, on the happiness of adult children who moved out"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 4/22/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.