For her poster entitled “The Subjective Cost of Young Children: A European Comparison”, Sonja Spitzer received a best poster award at the Population Association of America Annual Meeting 2019.
Her research shows that newborns decrease the subjective economic wellbeing of households. The drop is mainly caused by increased expenses due to the birth of a child (direct costs), which are largest in high-income regions. Immediate labour income losses of mothers (indirect costs) are are mostly compensated for via public transfers or increased labour income of fathers, while direct costs of children are not compensated for.
You find more details in the working paper, published in the VID working paper series. The work was co-autored by Angela Greulich from the Université de Paris, Bernhard Hammer from the Vienna Institute of Demography, and was carried out as part of the AWA project.