Happiness and altruism within the extended family ∗

@inproceedings{Schwarze2011HappinessAA,
  title={Happiness and altruism within the extended family ∗},
  author={Johannes Schwarze},
  year={2011}
}
We propose a direct measure of altruism between parents and adult children, using survey data on happiness from the German Socio-Economic Panel for the years 2000–2004. The question of altruism within families has policy relevance, for example, to understand whether public transfers crowd out private ones. Previous empirical evidence, based on observed transfer behavior, has failed to establish a clear consensus. Using various cross section, panel data, and instrumental variable estimators, we… CONTINUE READING

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