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 … measure of uncertainty, the World Uncertainty Index, and focus on data from 126 countries for the period from 1996 to 2017 …