TY - JOUR AU - Deaton, Angus AU - Stone, Arthur A TI - Grandpa and the Snapper: the Wellbeing of the Elderly who Live with Children JF - National Bureau of Economic Research Working Paper Series VL - No. 19100 PY - 2013 Y2 - June 2013 DO - 10.3386/w19100 UR - http://www.nber.org/papers/w19100 L1 - http://www.nber.org/papers/w19100.pdf N1 - Author contact info: Angus Deaton School of Public and International Affairs 127 Julis Romo Rabinowitz Building Princeton University Princeton, NJ 08544-1013 Tel: 609/258-5967 Fax: 609/258-5974 E-Mail: deaton@princeton.edu Arthur A. Stone University of Southern California E-Mail: arthuras@usc.edu M1 - published as Angus Deaton, Arthur A. Stone. "Grandpa and the Snapper: The Well-Being of the Elderly Who Live with Children," in David A. Wise, editor, "Discoveries in the Economics of Aging" University of Chicago Press (2014) AB - Elderly Americans who live with people under age 18 have lower life evaluations than those who do not. They also experience worse emotional outcomes, including less happiness and enjoyment, and more stress, worry, and anger. In part, these negative outcomes come from selection into living with a child, especially selection on poor health, which is associated with worse outcomes irrespective of living conditions. Yet even with controls, the elderly who live with children do worse. This is in sharp contrast to younger adults who live with children, likely their own, whose life evaluation is no different in the presence of the child once background conditions are controlled for. Parents, like elders, have enhanced negative emotions in the presence of a child, but unlike elders, also have enhanced positive emotions. In parts of the world where fertility rates are higher, the elderly do not appear to have lower life evaluations when they live with children; such living arrangements are more usual, and the selection into them is less negative. They also share with younger adults the enhanced positive and negative emotions that come with children. The misery of the elderly living with children is one of the prices of the demographic transition. ER -