PDF4PRO ⚡AMP

Modern search engine that looking for books and documents around the web

Example: tourism industry

DO FAMILY WEALTH SHOCKS AFFECT FERTILITY …

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-

Tags:

  Evidence, Shocks, Wealth, Choice, Affect, Fertility, Wealth shocks affect fertility, Wealth shocks affect fertility choices

Information

Domain:

Source:

Link to this page:

Please notify us if you found a problem with this document:

Spam in document Broken preview Other abuse

Transcription of DO FAMILY WEALTH SHOCKS AFFECT FERTILITY …

Related search queries