Affuso, Ermanno; Istiak, Khandokar; Swofford, James L. - In: Journal of risk and financial management : JRFM 15 (2022) 9, pp. 1-17
children are consumer durable goods. The study predicts that a high fertility rate could be a by-product of an easy monetary … and changes in interest rates have positive effects on the fertility rate. The study uses U.S. data between 1975-2020, a … house prices and interest rates have a significant positive effect on changes in the fertility rate. The causality test …