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Abstract:
Fertility rates in contemporary Europe have reached dramatically low levels. In light of this we are interested in the extent to which childbearing events may worsen individuals’ material well-being. Using a sample of women drawn from the European Community Household Panel Survey, we make a comparison of the impact of childbearing on well-being using a welfare-regime classification. Recognizing that poverty status is a poor proxy for well-being, we also derive several measures of well-being that are multidimensional in nature. These measures are referred to as deprivation indices and avoid the poor/non-poor dichotomy. We provide descriptive statistics of poverty status and deprivations indices, as well as an analysis of a more causal nature, the latter consisting of a Difference-in-Differences estimator combined with Propensity Score Matching techniques (DD-PSM). We find that independently of how well-being is defined, childbearing events never have a positive impact on individuals’ material well-being. But our estimates are largely consistent with welfare-regime theory: women in the social-democratic welfare states suffer the least as a result of childbearing, whereas women in conservative and Mediterranean states suffer significantly more. For the liberal welfare regime the results are more mixed, and depend on the definition of well-being.
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