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- W2088003059 abstract "This paper explores the causal link between income and fertility by analyzing women's fertility response to the large and permanent income shock generated by a husband's job displacement. I find that the shock reduces total fertility, suggesting that the causal effect of income on fertility is positive. A model that incorporates the time cost of children and assortative matching of spouses can simultaneously explain this result and the negative cross-sectional relationship. I also find that a husband's displacement accelerates childbearing, which is consistent with lifecycle models of fertility in which the incentive to delay is driven by expected earnings growth." @default.
- W2088003059 created "2016-06-24" @default.
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- W2088003059 date "2010-01-01" @default.
- W2088003059 modified "2023-10-18" @default.
- W2088003059 title "Are Children Really Inferior Goods?: Evidence from Displacement-Driven Income Shocks" @default.
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- W2088003059 doi "https://doi.org/10.1353/jhr.2010.0012" @default.
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