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An Empirical Analysis of Life Cycle Fertility and Female Labor Supply

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  • V. Joseph Hotz
  • Robert A. Miller

Abstract

This paper examines household fertility and female labor supply over the life cycle. The authors investigate ho w maternal time and market inputs, and benefits children yield their parents, vary with their ages and influence female labor supply and c ontraceptive behavior. Their econometric framework combines a female labor-supply model and a contraceptive choice index function and allo ws conceptions not to be perfectly controllable. Using data from the Panel Study of Income Dynamics, they estimate these equations and tes t alternative specifications. The findings suggest that parents canno t perfectly control conceptions and variations in child care costs af fect the spacing of births. Copyright 1988 by The Econometric Society.

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Paper provided by Chicago - Population Research Center in its series University of Chicago - Population Research Center with number 86-15.

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Publication status: Published in Econometrica, v. 56, no. 1 (January 1988): 91-118
Handle: RePEc:fth:chiprc:86-15

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