We host different speakers at our Economic Theory & Policy Seminar. 

Upcoming topics and speakers will be posted below.

06. May 2024, 16:00 until 17:30

Theory & Policy Seminar / Natacha Raffin (University Paris Saclay) / Postponement, career development and fertility rebound

Seminar

Natacha Raffin will give a talk at our Economic Theory & Policy Seminar.

"Postponement, career development and fertility rebound" 

Natacha Raffin, opens an external URL in a new window (University Paris Saclay)

We use an overlapping generations setup with two reproductive periods to explore how fertility decisions may differ in response to economic incentives in early and late adulthood. In particular, we analyze the interplay between fertility choices---related to career opportunities ---and wages, and investigate the role played by late fertility. We show that young adults only postpone parenthood above a certain wage threshold and that late fertility increases with investment in human capital. The long run trend is either to a low productivity equilibrium, involving high early fertility, no investment in human capital and relatively low income, or to a high productivity equilibrium, where households postpone parenthood to invest in their human capital, with higher late fertility and higher levels of income. A convergence to the latter state would explain the postponement of parenthood and the fertility rebound observed in Europe in recent decades.

 

Calendar entry

Event location

TU Wien, FH HS4
1040 Vienna
Wiedner Haupstr. 8-10, Freihaus Buidling, FH HS4 (2nd floor, yellow area)

 

Organiser

ECON
Julia Hutter
julia.hutter@tuwien.ac.at

 

Public

Yes

 

Entrance fee

No

 

Registration required

No

Theory & Policy Seminar / Natacha Raffin (University Paris Saclay) / Postponement, career development and fertility rebound

Natacha Raffin will give a talk at our Economic Theory & Policy Seminar.

"Postponement, career development and fertility rebound" 

Natacha Raffin, opens an external URL in a new window (University Paris Saclay)

We use an overlapping generations setup with two reproductive periods to explore how fertility decisions may differ in response to economic incentives in early and late adulthood. In particular, we analyze the interplay between fertility choices---related to career opportunities ---and wages, and investigate the role played by late fertility. We show that young adults only postpone parenthood above a certain wage threshold and that late fertility increases with investment in human capital. The long run trend is either to a low productivity equilibrium, involving high early fertility, no investment in human capital and relatively low income, or to a high productivity equilibrium, where households postpone parenthood to invest in their human capital, with higher late fertility and higher levels of income. A convergence to the latter state would explain the postponement of parenthood and the fertility rebound observed in Europe in recent decades.