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Women’s Education, Employment, and Cost of Family Formation: A Structural Analysis of Fertility Decline in Korea
https://agi.repo.nii.ac.jp/records/2000249
https://agi.repo.nii.ac.jp/records/2000249d7775b9a-e0a8-4697-8a88-90f3c311b557
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
WP2025-15.pdf (1.1 MB)
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| Item type | ワーキングペーパー/Working Paper(1) | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 公開日 | 2025-09-25 | |||||||||||||||
| タイトル | ||||||||||||||||
| タイトル | Women’s Education, Employment, and Cost of Family Formation: A Structural Analysis of Fertility Decline in Korea | |||||||||||||||
| 言語 | en | |||||||||||||||
| 言語 | ||||||||||||||||
| 言語 | eng | |||||||||||||||
| キーワード | ||||||||||||||||
| 言語 | en | |||||||||||||||
| 主題Scheme | Other | |||||||||||||||
| 主題 | growth | |||||||||||||||
| キーワード | ||||||||||||||||
| 言語 | en | |||||||||||||||
| 主題Scheme | Other | |||||||||||||||
| 主題 | fertility | |||||||||||||||
| キーワード | ||||||||||||||||
| 言語 | en | |||||||||||||||
| 主題Scheme | Other | |||||||||||||||
| 主題 | gender equality | |||||||||||||||
| キーワード | ||||||||||||||||
| 言語 | en | |||||||||||||||
| 主題Scheme | Other | |||||||||||||||
| 主題 | human capital accumulation | |||||||||||||||
| キーワード | ||||||||||||||||
| 言語 | en | |||||||||||||||
| 主題Scheme | Other | |||||||||||||||
| 主題 | marriage | |||||||||||||||
| キーワード | ||||||||||||||||
| 言語 | en | |||||||||||||||
| 主題Scheme | Other | |||||||||||||||
| 主題 | Korea | |||||||||||||||
| 資源タイプ | ||||||||||||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_8042 | |||||||||||||||
| 資源タイプ | working paper | |||||||||||||||
| 著者 |
李, 鐘和
× 李, 鐘和
× SONG, Eunbi
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| 抄録 | ||||||||||||||||
| 内容記述タイプ | Abstract | |||||||||||||||
| 内容記述 | This study examines the factors underlying the sharp decline in marriage and fertility rates by integrating microdata analysis with a structural macroeconomic model. Drawing on 25 years of individual-level panel data from the Korean Labor and Income Panel Study, it employs discrete-time survival models to examine how individual and regional factors influence the incidence of first marriage and childbirth. The findings show that rising educational and marriage-related expenses significantly reduce the likelihood of marriage, whereas increased female labor force participation and escalating child education costs are associated with lower probabilities of childbirth. These empirical patterns motivate a dynamic overlapping-generations model with endogenous family formation, human capital investment, and intra-household bargaining. The model incorporates gender-based differences in partner matching and household labor, which influence time allocation and marriage utility, particularly for college-educated women. Simulation results indicate that rising marriage and child-rearing costs have been the primary drivers of declining family formation since 1990, while increases in women’s education have played a modest role. The findings further suggest that a package of targeted policies—such as childcare and education support, marriage-cost subsidies, and gender-equalizing reforms in households and the labor market—could raise the fertility rate from 0.75 to around 1.2, a level comparable to that of other low-fertility advanced countries. | |||||||||||||||
| 言語 | en | |||||||||||||||
| bibliographic_information |
ja : AGI Working Paper Series 巻 2025-15, p. 1-87, 発行日 2025-09 |
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| 出版タイプ | ||||||||||||||||
| 出版タイプ | NA | |||||||||||||||
| 出版タイプResource | http://purl.org/coar/version/c_be7fb7dd8ff6fe43 | |||||||||||||||
| JEL分類コード | ||||||||||||||||
| 言語 | en | |||||||||||||||
| 主題Scheme | Other | |||||||||||||||
| 主題 | JEL classification: E24, J11, J12, J13, J71, O53 | |||||||||||||||
