Economic Uncertainty and Fertility

نویسندگان

چکیده

In this paper, we conduct an empirical study of how uncertainty alters fertility behavior. The precautionary motive for saving predicts that increase in income increases by reducing both consumption and fertility. We examine prediction using a new measure economic uncertainty, the World Uncertainty Index focus on data from 126 countries period 1996 to 2017. findings indicate decreases rate, as suggested theory. This evidence is robust different model specifications econometric techniques well inclusion various controls. also indicates changes may be factor explaining why pro-cyclical.

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ژورنال

عنوان ژورنال: Social Science Research Network

سال: 2021

ISSN: ['1556-5068']

DOI: https://doi.org/10.2139/ssrn.3832480