Spousal Age Gap and Fertility Preferences within a Family

Tao Li ()
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Tao Li: University of Macau

Economics Bulletin, 2016, vol. 36, issue 2, 970-975

Abstract: This paper studies the gender-specific fertility preferences within a family when i) children are investment goods and ii) there exists a sizable spousal age gap. Old husbands tend to demand less children because relatively young wives are substitutes of children for old-age support. On the other hand, young wives, expecting a significant period of widowhood, tend to demand more children. This gender conflict of interest is intensified when only working husbands may receive pensions.

Keywords: spousal age gap; old-age support; fertility (search for similar items in EconPapers)
JEL-codes: J1 (search for similar items in EconPapers)
Date: 2016-06-11
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