@techreport{Schwarze2005What,
abstract = {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.},
author = {Johannes Schwarze and Rainer Winkelmann},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {D6; J10; C25; D64; 330; utility function; extended family; fixed effects; ordered probit; Altruismus; Familie; Lebensqualit\"{a}t; Eltern; Sch\"{a}tzung; Deutschland; Lebenszufriedenheit},
language = {eng},
number = {1487},
title = {What Can Happiness Research Tell Us About Altruism? : Evidence from the German Socio-Economic Panel},
type = {IZA Discussion paper series},
url = {http://hdl.handle.net/10419/20786},
year = {2005}
}
