Transcription of DO FAMILY WEALTH SHOCKS AFFECT FERTILITY …
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DO FAMILY WEALTH SHOCKS AFFECT FERTILITY CHOICES? evidence FROM THE HOUSING MARKETM ichael F. Lovenheim and Kevin J. Mumford*Abstract This paper uses WEALTH changes driven by housing market varia-tion to estimate the effect of FAMILY resources on FERTILITY decisions. Usingdata from the Panel Study of Income Dynamics, we show that a $100,000increase in housing WEALTH among home owners causes a 16% to 18%increase in the probability of having a child. There is no evidence of an effectof MSA-level housing price growth on the FERTILITY of renters, however. Wealso present evidence that housing WEALTH growth increases total fertilityand that the responsiveness of FERTILITY to housing WEALTH has increased overtime, commensurate with the recent housing literature in economics dating back to Malthus(1798) has focused on the FERTILITY decisions of house-holds and how these decisions are influenced by financialincentives.
DO FAMILY WEALTH SHOCKS AFFECT FERTILITY CHOICES? EVIDENCE FROM THE HOUSING MARKET Michael F. Lovenheim and Kevin J. Mumford* Abstract—This paper uses wealth changes driven by housing market varia-
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Soil Fertility: Current Topic May 31, Soil Fertility: Current Topic. May 31, Fertility, The millions of women that desire, Fertility: QUEFTS and Farmers’ Perceptions, SOUTH AFRICA, OECD, Policy Division - Directorate of Employment, Labour, Minimum Levels for Sustainable, Minimum Levels for Sustainable Nutrition