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|Title:||Are children "normal"? |
|Authors:||Black, Dan A.|
Sanders, Seth G.
Taylor, Lowell J.
|Issue Date:||2011 |
|Series/Report no.:||Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5959|
|Abstract:||We examine Becker's (1960) contention that children are normal. For the cross section of non-Hispanic white married couples in the U.S., we show that when we restrict comparisons to similarly-educated women living in similarly-expensive locations, completed fertility is positively correlated with the husband's income. The empirical evidence is consistent with children being normal. In an effort to show causal effects, we analyze the localized impact on fertility of the mid-1970s increase in world energy prices - an exogenous shock that substantially increased men's incomes in the Appalachian coal-mining region. Empirical evidence for that population indicates that fertility increases in men's income.|
|Subjects:||economics of fertility|
|Persistent Identifier of the first edition:||urn:nbn:de:101:1-201109297586|
|Document Type:||Working Paper|
|Appears in Collections:||IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)|
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