Fertility and housing
Young households in Hong Kong face particularly steep increases in house prices and low fertility despite low gender wage gaps. The model of fertility and housing in this paper explains why fertility decline need not reverse as female wages rise relative to male wages where housing land is scarce. For given house prices, demand for children may rise with female relative wages if housing comprises a sufficiently large share of childrearing. If the user cost of housing falls with rising house...[Show more]
|Collections||ANU Research Publications|
|Source:||China Economic Journal|
|01_Day_Fertility_and_housing_2015.pdf||561.05 kB||Adobe PDF||Request a copy|
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