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- All Subjects: Fertility
- Creators: Aucejo, Esteban
Description
The presence of children can influence importantly how households respond to income risk. The aim of this dissertation is to study how different aspects of families' life-cycle decisions are affected by different sources of income fluctuation. In the first part of this dissertation, I study the relationships between fertility choices, consumption, and labor supply, by developing a model with endogenous fertility decisions and income volatility. Within this framework, fertility choices act as a mechanism to smooth utility over time. In this context, I analyze the insurance value of fertility choices. I use a structural model that combines two features underexplored by the literature: children as consumption commitments, and nonseparabilities of family size and consumption. Having children in the household affects consumption and labor marginal utilities, changing the insurance value of fertility decisions and generating incentives to avoid childbearing during low-income spells. I find that the welfare loss of a negative transitory income shock is 34 to 38 times larger if households are not able to choose when to have their children. These results underscore how costly unplanned childbearing can be to the household in terms of welfare.The second part of this dissertation evaluates the impact of being born under negative conditions in the labor market on human capital formation, and what parental behavior could be leading to those effects. I estimate the impact of the unemployment rates on children's assessment outcomes in cognitive and noncognitive skills. Counterintuitively, the results suggest that higher unemployment rates are linked to positive child development outcomes later in childhood. In my main specification, an increase of 1 percentage point in state unemployment causes an increase of 2.5% of a standard deviation in cognitive test scores after controlling for income at birth, hours worked at birth, and other variables.
ContributorsMangini, Marco (Author) / Silverman, Daniel (Thesis advisor) / Aucejo, Esteban (Committee member) / Murphy, Alvin (Committee member) / Arizona State University (Publisher)
Created2021
Description
This dissertation explores changes in fertility and family formation in South Korea, a setting in which rapid demographic changes have taken place since the early twentieth century. Despite active debate and discussion among experts and policymakers, knowledge is still limited in regards to the country’s significant demographic changes. I take advantage of Korean census samples data from 1966 to 2010, which span birth cohorts from pre- and early-transitional stages to post-transitional stages, which comprise the entry stage of the second demographic transition. From a cohort perspective, I use diverse demographic methods to analyze three different aspects of fertility and family formation—fertility differentials, marriage delay, and fertility concentration.
The findings illustrate how fertility and marriage patterns have changed over generations and range from a politically tumultuous period, which includes World War II, liberation, and the Korean War, to an advanced economic period. By and large, the three studies suggest that until 1960, fertility and family formation converged as per social norms and leadership guidelines. Then, marriage and childbearing behaviors began to diversify and variation by social groups increased for cohorts born during and after the 1960s. The phrase “convergence towards diversity” captures the reversal of demographic trends within the country. Taken together, this dissertation advances our understanding of how fertility and family formation have changed in South Korea, which has been on an intense demographic journey from pre-transitional fertility through very low fertility, and currently headed toward another destination.
The findings illustrate how fertility and marriage patterns have changed over generations and range from a politically tumultuous period, which includes World War II, liberation, and the Korean War, to an advanced economic period. By and large, the three studies suggest that until 1960, fertility and family formation converged as per social norms and leadership guidelines. Then, marriage and childbearing behaviors began to diversify and variation by social groups increased for cohorts born during and after the 1960s. The phrase “convergence towards diversity” captures the reversal of demographic trends within the country. Taken together, this dissertation advances our understanding of how fertility and family formation have changed in South Korea, which has been on an intense demographic journey from pre-transitional fertility through very low fertility, and currently headed toward another destination.
ContributorsYoo, Sam Hyun (Author) / Sarah, Hayford (Thesis advisor) / Agadjanian, Victor (Committee member) / Yabiku, Scott (Committee member) / Arizona State University (Publisher)
Created2015