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Opportunity Costs of Having a Child, Financial Constraints and Fertility

Author

Listed:
  • Cette, G.
  • Dromel, N.
  • Méda, D.

Abstract

Economic theory often assumes that the opportunity costs of having a child and financial constraints have a simultaneous but opposite influence on fertility. This empirical paper aims to test the concomitance of these effects using the answers to an original survey carried out in 2003 amongst nearly 1,000 French employees, giving information about the impact of their working schedule on the number of children they intend to have. The statistical analysis, based on a "ceteris paribus" approach using Log it estimates, strongly confirms the simultaneous presence of these two explanatory dimensions.

Suggested Citation

  • Cette, G. & Dromel, N. & Méda, D., 2005. "Opportunity Costs of Having a Child, Financial Constraints and Fertility," Working papers 130, Banque de France.
  • Handle: RePEc:bfr:banfra:130
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    File URL: https://publications.banque-france.fr/sites/default/files/medias/documents/working-paper_130_2005.pdf
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    References listed on IDEAS

    as
    1. Murat F. Iyigun, 1996. "Timing of childbearing, family size and economic growth," International Finance Discussion Papers 573, Board of Governors of the Federal Reserve System (U.S.).
    2. Laroque, Guy & Salanié, Bernard, 2005. "Does Fertility Respond to Financial Incentives?," CEPR Discussion Papers 5007, C.E.P.R. Discussion Papers.
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    Cited by:

    1. Creina Day, 2015. "Skill Composition, Fertility, and Economic Growth," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 61(1), pages 164-178, March.

    More about this item

    Keywords

    Family Size ; Fertility ; Work-Life Balance;

    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

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