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首页> 外文期刊>Review of Economics and Statistics >DO FAMILY WEALTH SHOCKS AFFECT FERTILITY CHOICES? EVIDENCE FROM THE HOUSING MARKET
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DO FAMILY WEALTH SHOCKS AFFECT FERTILITY CHOICES? EVIDENCE FROM THE HOUSING MARKET

机译:家庭财富冲击会影响生育选择吗?来自住房市场的证据

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This paper uses wealth changes driven by housing market variation to estimate the effect of family resources on fertility decisions. Using data from the Panel Study of Income Dynamics, we show that a $100,000 increase 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 effect of MSA-level housing price growth on the fertility of renters, however. We also present evidence that housing wealth growth increases total fertility and that the responsiveness of fertility to housing wealth has increased over time, commensurate with the recent housing boom.
机译:本文使用由住房市场变化驱动的财富变化来估计家庭资源对生育率决定的影响。使用收入动态小组研究的数据,我们发现,房主增加100,000美元的住房财富会导致生育孩子的可能性增加16%至18%。但是,没有证据表明MSA级别的房价上涨对租房者的生育能力有影响。我们还提供了证据,表明住房财富的增长增加了总的生育率,并且生育率对住房财富的反应性随着时间的推移而增加,与最近的住房繁荣相称。

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