Delayed Childbearing and Urban Revival: A Structural Approach

Ana Moreno-Maldonado and Clara Santamaria

No 19002, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: Since 1980, college graduates have increasingly sorted into the downtowns of U.S. cities. This led to urban revival, a process that involves fast growth in income and housing prices downtown. Motivated by the observation that young childless households concentrate downtown, we link urban revival to delayed childbearing. As college graduates postpone parenthood, more of them are childless when young and locate downtown. Estimating a dynamic model of fertility timing and within-city location choices, we find delayed childbearing accounts for 52% of urban revival. The impact of changes in fertility choices is amplified by the response of housing prices and amenities.

Keywords: Residential choice; Amenities; Welfare inequality (search for similar items in EconPapers)
JEL-codes: J13 R21 R23 (search for similar items in EconPapers)
Date: 2024-04
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Related works:
Working Paper: Delayed Childbearing and Urban Revival: A Structural Approach (2024)
Working Paper: Delayed Childbearing and Urban Revival: A Structural Approach (2024)
Working Paper: Delayed Childbearing and Urban Revival: A Structural Approach (2024)
Working Paper: Delayed Childbearing and Urban Revival: A Structural Approach (2024)
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