EconPapers    
Economics at your fingertips  
 

Fertility and the Real Exchange Rate

Andrew Rose and Saktiandi Supaat

No 13263, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: We use a quinquennial data set covering 87 countries between 1975 and 2005 to investigate the relationship between fertility and the real effective exchange rate. Theoretically a country experiencing a decline in its fertility rate can be expected to have higher savings, lower investment, a current account surplus, and accordingly a real depreciation. We test and confirm this hypothesis, controlling for a host of potential determinants such as PPP deviations and the Balassa-Samuelson effect. We find a statistically significant and robust link between fertility and the exchange rate. Our point-estimate is that a decline in the fertility rate of one child per woman is associated with a depreciation of approximately .15% in the real effective exchange rate.

JEL-codes: F32 J13 (search for similar items in EconPapers)
Date: 2007-07
New Economics Papers: this item is included in nep-dev, nep-mon and nep-rmg
Note: AG IFM
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published as Andrew K. Rose & Saktiandi Supaat & Jacob Braude, 2009. "Fertility and the real exchange rate," Canadian Journal of Economics, Canadian Economics Association, vol. 42(2), pages 496-518, May.

Downloads: (external link)
http://www.nber.org/papers/w13263.pdf (application/pdf)

Related works:
Journal Article: Fertility and the real exchange rate (2009) Downloads
Journal Article: Fertility and the real exchange rate (2009) Downloads
Working Paper: Fertility and the Real Exchange Rate (2007) Downloads
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:nbr:nberwo:13263

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w13263

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by (wpc@nber.org).

 
Page updated 2025-03-22
Handle: RePEc:nbr:nberwo:13263