Gozgor, Giray; Bilgin, Mehmet; Rangazas, Peter - 2021
In this paper, we conduct an empirical study of how uncertainty alters fertility behavior. The precautionary motive for … saving predicts that an increase in income uncertainty increases saving by reducing both consumption and fertility. We … countries for the period from 1996 to 2017. The empirical findings indicate that uncertainty decreases the fertility rate, as …