The Estimation of Fertility Equations on Panel Data

Robert Moffitt

Journal of Human Resources, 1984, vol. 19, issue 1, 22-34

Abstract: Several econometric issues in the estimation of fertility equations with panel data are addressed in this paper. The most interesting is the truncation of the error term in a number-of-children equation arising from the fact that the number of children cannot fall over time. It is shown that this generates a "ratchet" mechanism under which the probability of having a child drops suddenly following a birth and then gradually rises again until another birth occurs. Estimates are provided with the National Longitudinal Survey of Young Women.

Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:jhriss:v:19:y:1984:i:1:p:22-34

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