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Longer parental time and lower fertility rate

Recurso electrónico / Electronic resource
MARC record
Tag12Value
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001  MAP20220017503
003  MAP
005  20220613121827.0
008  220613e20220606esp|||p |0|||b|spa d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎931.2
1001 ‎$0‎MAPA20220006057‎$a‎Sun, Tianyu
24510‎$a‎Longer parental time and lower fertility rate‎$c‎Sun Tianyu, Sichao Wei
520  ‎$a‎The fertility rates in high-income countries have been lower than the replacement level for decades. We argue that the rising parental time plays an essential role in the fertility rate decline. To this end, we construct an indicator named the parental time share, which links the time use survey data and the BarroBecker modeling framework. We modify the model of de Silva and Tenreyro (2020) by introducing endogenous parental time share. The modified model analytically shows that the parental time share increases with the accumulation of human capital and depresses the fertility rate. The quantitative results fit the dynamics of fertility rates, human capital investments, and parental time shares in the high-income countries since 1965, confirming the importance of the parental time share in shaping the demographic changes. We also extend the basic model to account for countries at all income levels and present a demography opportunity set that describes all the combinations of fertility rates, human capital investments, and parental time shares.
650 4‎$0‎MAPA20080610050‎$a‎Crecimiento demográfico
650 4‎$0‎MAPA20080568771‎$a‎Envejecimiento
7001 ‎$0‎MAPA20220006064‎$a‎ Wei, Sichao
7730 ‎$w‎MAP20210010194‎$g‎06/06/2022 Volumen 22 - 2022 , 13 p.‎$t‎The Journal of the economics of ageing ‎$d‎Oxford : Elsevier ScienceDirect, 2021-