| Publisher | Brookings Institution | ||
|---|---|---|---|
| Format | 610.4KB PDF | Date added | 01 Jun 2004 |
| Topics | Human Capital Management | ||
| Downloads | 8 | ||
The authors hypothesize that the perceived returns to human capital and to income uncertainty are important determinants of recent cross-sectional variation in Latin American fertility. An empirical study of cross-country individual level data supports the hypothesis. In particular, it is found that a higher perceived return to human capital and higher income uncertainty both lead to higher fertility, all else equal. The evidence is interpreted to suggest that increasing economic opportunity in Latin America should be accompanied by institutions that provide social protection in order to promote further decreases in fertility toward the replacement rate.
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