Abstract
We jointly model fertility and participation decisions of women who live in couple using a dynamic model. We consider France, Spain, Germany, UK and Denmark. We estimate, for the period going from 1994 to 2001, a dynamic bivariate probit model with random effects using the European Community Household Panel and using a simulated maximum likelihood estimator. The decisions of participation and fertility of women who live in couple depend on the individual characteristics - observed or unobserved - and are characterized by a significant state dependence. Our results suggest that the decisions of employment and fertility cannot be modeled separately. The differences in fertility across these countries are explained by individual characteristics and variations in social and fiscal policies.
| Translated title of the contribution | Dynamic modeling of fertility and participation of married women |
|---|---|
| Original language | French |
| Pages (from-to) | 429-440 |
| Number of pages | 12 |
| Journal | Revue Economique |
| Volume | 62 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - 1 May 2011 |
| Externally published | Yes |