An Economic Analysis of Fertility, Market Participation and Marriage Behaviour in Recent Japan

This is the 1st attempt in modelling fertility, labor force participation and marriage rate using Japanese data. The authors use Butz and Ward's model and extend it to a simultaneous equation system as in the case of Winegarden. Although the estimates obtained by Full Information Maximum Likeli...

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Main Authors: LEE, David K. C., GAN, Chin Lee
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1989
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Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3369
https://ink.library.smu.edu.sg/context/lkcsb_research/article/4368/viewcontent/EconomicAnalysisFertilityJapan_1989.pdf
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spelling sg-smu-ink.lkcsb_research-43682017-03-20T01:51:37Z An Economic Analysis of Fertility, Market Participation and Marriage Behaviour in Recent Japan LEE, David K. C. GAN, Chin Lee This is the 1st attempt in modelling fertility, labor force participation and marriage rate using Japanese data. The authors use Butz and Ward's model and extend it to a simultaneous equation system as in the case of Winegarden. Although the estimates obtained by Full Information Maximum Likelihood and Three Stage Least Squares of the model are statistically significant, some of the signs of the estimates are not consistent to a priori predictions. The crux of the model is that an increase in the wages of men has an unambiguous positive effect on fertility, whereas an increase in wages of women may not lead to higher fertility due to the dominance of substitution effect. But the issue of whether there are discriminatory employment practices and cultural pressures on the participation of women in the labor force, raised by the results obtained can only be answered using a larger set of data or with the help of panel data. 1989-01-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/lkcsb_research/3369 info:doi/10.1080/772284231 https://ink.library.smu.edu.sg/context/lkcsb_research/article/4368/viewcontent/EconomicAnalysisFertilityJapan_1989.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection Lee Kong Chian School Of Business eng Institutional Knowledge at Singapore Management University Economic surveys Labor supply Labor market Fertility Housing surveys Marriage Japan Asian Studies Human Resources Management Labor Economics
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Economic surveys
Labor supply
Labor market
Fertility
Housing surveys
Marriage
Japan
Asian Studies
Human Resources Management
Labor Economics
spellingShingle Economic surveys
Labor supply
Labor market
Fertility
Housing surveys
Marriage
Japan
Asian Studies
Human Resources Management
Labor Economics
LEE, David K. C.
GAN, Chin Lee
An Economic Analysis of Fertility, Market Participation and Marriage Behaviour in Recent Japan
description This is the 1st attempt in modelling fertility, labor force participation and marriage rate using Japanese data. The authors use Butz and Ward's model and extend it to a simultaneous equation system as in the case of Winegarden. Although the estimates obtained by Full Information Maximum Likelihood and Three Stage Least Squares of the model are statistically significant, some of the signs of the estimates are not consistent to a priori predictions. The crux of the model is that an increase in the wages of men has an unambiguous positive effect on fertility, whereas an increase in wages of women may not lead to higher fertility due to the dominance of substitution effect. But the issue of whether there are discriminatory employment practices and cultural pressures on the participation of women in the labor force, raised by the results obtained can only be answered using a larger set of data or with the help of panel data.
format text
author LEE, David K. C.
GAN, Chin Lee
author_facet LEE, David K. C.
GAN, Chin Lee
author_sort LEE, David K. C.
title An Economic Analysis of Fertility, Market Participation and Marriage Behaviour in Recent Japan
title_short An Economic Analysis of Fertility, Market Participation and Marriage Behaviour in Recent Japan
title_full An Economic Analysis of Fertility, Market Participation and Marriage Behaviour in Recent Japan
title_fullStr An Economic Analysis of Fertility, Market Participation and Marriage Behaviour in Recent Japan
title_full_unstemmed An Economic Analysis of Fertility, Market Participation and Marriage Behaviour in Recent Japan
title_sort economic analysis of fertility, market participation and marriage behaviour in recent japan
publisher Institutional Knowledge at Singapore Management University
publishDate 1989
url https://ink.library.smu.edu.sg/lkcsb_research/3369
https://ink.library.smu.edu.sg/context/lkcsb_research/article/4368/viewcontent/EconomicAnalysisFertilityJapan_1989.pdf
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