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Lifetime childlessness has increased in Europe. The relationship between childlessness and psychological wellbeing varies by the wellbeing measures employed, life stage and societal context. Health-related predictors of childlessness (health selection) may mediate the relationship between childlessness and wellbeing and/or influence wellbeing directly. This paper examines the relationship between lifetime childlessness, depressive mood and quality of life in early old age using data from the Survey of Health, Ageing and Retirement in Europe (SHARE) (N=21,295). Region-specific Ordinary Least Squares Analysis is performed to investigate this relationship and the mediating roles of health selection and marital status are explored. No main effect of childlessness is observed in any of the regions net of socio-demographic, economic and health factors. The significant role of health selection in this relationship is only evident in Eastern Europe. The findings of this study support a more in-depth analysis of the role of marital status in mediating the relationship between childlessness and psychological wellbeing. Consistent relationships between marital status and both measures of wellbeing support further analysis of marital selection in this regard

Previous research has suggested

It has been argued that, in countries with high levels of owner occupation of housing, home ownership can serve as a substitute for generous pensions for older people. Two possible linking mechanisms have been posited in this context, one focusing on budget constraints (high housing costs associated with home purchase makes the funding of generous pensions unaffordable), the other on needs or incentives (high home ownership gives older people material security and so makes generous pensions unnecessary). This article examines Ireland as a test case in this context. It finds no evidence that either of the posited linking mechanisms were present in Ireland. House purchase costs historically have been too low to constrain pension development, while the distributive benefits for the elderly have been too modest to obviate the need for higher pension income. However, other distributive effects emerge as important, particularly the positive historical consequences of inflation and low real interest rates for home purchasers of all ages and the implicit subsidy to home ownership provided by savers.