The Effects of Housing Wealth on Fertility Decisions: Evidence from Japan

Noriko Mizutani ()
Additional contact information
Noriko Mizutani: Institute for Research on Household Economics

Economics Bulletin, 2015, vol. 35, issue 4, 2710-2724

Abstract: This study is an empirical attempt to investigate how household resources affect fertility decisions in Japan. The presented analysis is based on changes in housing wealth as measured by changes in home value during the housing bust period. Using data from the Japanese Panel Survey of Consumers, I show that with an increase (decrease) in home value, homeowners with housing loans are more (less) likely to bear a child. For homeowners without housing loans and renters, however, housing wealth has no significant effect on fertility decisions. Furthermore, the results do not appear to be driven by local macroeconomic factors.

JEL-codes: J1 R2 (search for similar items in EconPapers)
Date: 2015-12-13
References: View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.accessecon.com/Pubs/EB/2015/Volume35/EB-15-V35-I4-P271.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-15-00029

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().