Childbearing, marriage and human capital investment

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dc.contributor.author Gray, Jo Anna
dc.contributor.author Stone, Joe A. (Joe Allan), 1948-
dc.contributor.author Stockard, Jean
dc.date.accessioned 2006-03-21T14:20:14Z
dc.date.available 2006-03-21T14:20:14Z
dc.date.issued 2006-02
dc.identifier.uri http://hdl.handle.net/1794/2463
dc.description 45 p. en
dc.description.abstract This paper proposes and tests a simple joint explanation for i) increases in marital and nonmarital birth rates in the United States over recent decades, ii) the dramatic rise in the share of nonmarital births, and iii) the pronounced racial differences in the timing of childbearing. The explanation arises from differences across time and race in the attractiveness of marriage and opportunities for investment in human capital. For given preferences, a decline in the marriage rate necessarily causes both the marital and nonmarital birth rates to increase, with no change in the total birth rate. This model exhibits exceptional power in replicating salient features of childbearing behavior. Our results suggest that changes in marital and nonmarital birth rates, as well as in the share of nonmarital births, arose primarily from changes in marriage behavior, not from changes in fertility; and that racial differences in the timing of childbearing reflect early differences in human capital investment. en
dc.format.extent 411944 bytes
dc.format.mimetype application/pdf
dc.language.iso en_US en
dc.publisher University of Oregon, Dept of Economics en
dc.relation.ispartofseries University of Oregon Economics Department Working Papers ; 2006-01 en
dc.subject Illegitimacy ratio en
dc.subject Marriage en
dc.subject Birth rates en
dc.subject Education en
dc.subject Welfare en
dc.title Childbearing, marriage and human capital investment en
dc.type Working Paper en


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