Showing 1 - 10 of 1,433
China's high household savings rate has attracted great academic interest but remains a puzzle. Potential explanations … primary causes of high levels of savings among Chinese households …
Persistent link: https://www.econbiz.de/10013172155
In this paper, we exploit a 'natural experiment' associated with human reproduction to identify the effect of teen childbearing on subsequent educational attainment, family structure, labor market outcomes and financial self-sufficiency. In particular, we exploit the fact that a substantial...
Persistent link: https://www.econbiz.de/10012471388
In this chapter we revisit the relationship between income and fertility. There is overwhelming empirical evidence that … fertility is negatively related to income in most countries at most times. Several theories have been proposed in the literature …
Persistent link: https://www.econbiz.de/10012464383
Only a few rich nations are currently at replacement levels of fertility and many are considerably below. We believe … that changes in the status of women are driving fertility change. At low levels of female status, women specialize in … household production and fertility is high. In an intermediate phase, women have increasing opportunities to earn a living …
Persistent link: https://www.econbiz.de/10012464531
This paper introduces an instrumental variables estimator for the effect of a binary treatment on the quantiles of potential outcomes. The quantile treatment effects (QTE) estimator accommodates exogenous covariates and reduces to quantile regression as a special case when treatment status is...
Persistent link: https://www.econbiz.de/10012472370
fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a …
Persistent link: https://www.econbiz.de/10012455578
The causal effects of fertility are a central focus in the social sciences, but the analysis is challenged by the … endogeneity of fertility choices. Earlier work has proposed several "natural experiments" from twin births or gender composition … rare (twins) and weak (gender composition) instrumental variables for fertility. This paper proposes a new "natural …
Persistent link: https://www.econbiz.de/10014226152
We estimate the effects of large, positive wealth shocks on marriage and fertility in a sample of Swedish lottery …'s attractiveness as prospective and current partners. Wealth also increases male fertility. The only discernible effect on female …
Persistent link: https://www.econbiz.de/10014247960
A wide range of empirical applications rely on linear approximations to dynamic Euler equations. Among the most notable of these is the large and growing literature on precautionary saving that examines how consumption growth and saving behavior are affected by uncertainty and prudence. Linear...
Persistent link: https://www.econbiz.de/10012471817
China's household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U … stable while it is the transitory variance that rises sharply. A calibration of a buffer-stock savings model indicates that … rising savings rates among younger households are consistent with rising income uncertainty and higher saving rates among …
Persistent link: https://www.econbiz.de/10012462092