Gözgör, Giray; Bilgin, Mehmet Huseyin; Rangazas, Peter - 2019
In this paper, we conduct an empirical study of the effect of uncertainty on fertility. The precautionary motive for … saving predicts that an increase in uncertainty increases saving by reducing both consumption and fertility. We use a new …. The empirical findings indicate that uncertainty shocks decrease the fertility rate. This evidence is robust to different …