Are Children Really Inferior Goods? Evidence from Displacement-Driven Income Shocks

Autor/in	Lindo, Jason M.
Titel	Are Children Really Inferior Goods? Evidence from Displacement-Driven Income Shocks
Quelle	In: Journal of Human Resources, 45 (2010) 2, S.301-327 (27 Seiten) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0022-166X
Schlagwörter	Dislocated Workers; Family Income; Pregnancy; Females; Spouses; Economic Factors; Economics; Correlation; Models; Whites; African Americans; Age Differences; Marriage; Educational Attainment; Probability + Suchen Sie Ihr Suchwort? Arbeitsloser; Familieneinkommen; Schwangerschaft; Weibliches Geschlecht; Ehepartner; Ökonomischer Faktor; Volkswirtschaftslehre; Korrelation; Analogiemodell; White; Weißer; Afroamerikaner; Age; Difference; Age difference; Altersunterschied; Ehe; Bildungsabschluss; Bildungsgut; Wahrscheinlichkeitsrechnung; Wahrscheinlichkeitstheorie
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. (Contains 3 figures, 7 tables, and 28 footnotes.) (As Provided).
Anmerkungen	University of Wisconsin Press. 1930 Monroe Street, Madison, WI 53711-2059. Tel: 608-263-0668; Fax: 608-263-1173; e-mail: journals@uwpress.wisc.edu; Web site: http://www.wisc.edu/wisconsinpress/journals
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10