Estimating Fertility Responses to Expectations: Evidence From the 1958 British Cohort
The aim of this work is to explore the relationship between unemployment and fertility. The hypothesis we investigate is that unemployment affects fertility decisions by influencing individual`s expectations of future job opportunities and wage levels. A spell of unemployment may induce women to bring forward or delay the birth of their first child, depending on the relative strength of the income and substitution effects. Our results show that expectations of future wage levels and future job opportunities are relevant in explaining fertility patterns. In particular, higher expected wage levels encourage women to work more and delay childbirth. By contrast, more favourable expected job opportunities raise the hazard of a birth and, everything else equal, induce women to bring forward the event. In the latter case, a dominating income effect seems to be at work.
|Date of creation:||01 Oct 2001|
|Contact details of provider:|| Postal: Manor Rd. Building, Oxford, OX1 3UQ|
Web page: https://www.economics.ox.ac.uk/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Namkee Ahn, 1995. "Measuring the Value of Children by Sex and Age Using a Dynamic Programming Model," Review of Economic Studies, Oxford University Press, vol. 62(3), pages 361-379.
When requesting a correction, please mention this item's handle: RePEc:oxf:wpaper:80. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Monica Birds)
If references are entirely missing, you can add them using this form.