论文标题
财政资源对生育的影响:彩票获奖者的行政数据的证据
The Effect of Financial Resources on Fertility: Evidence from Administrative Data on Lottery Winners
论文作者
论文摘要
本文利用赢得彩票奖品的财富冲击来检查财务资源对生育能力的因果影响。我们采用大量的行政数据小组,其中包括台湾超过40万彩票的奖金,并实施了三差设计。我们的分析表明,大量的彩票获胜可以显着提高生育能力,其隐含的财富弹性约为0.06。此外,生育能力增加的主要渠道是促使以前没有孩子的人的第一胎。最后,我们的分析表明,大约25%的总生育能力源于彩票赢得后的结婚率提高。
This paper utilizes wealth shocks from winning lottery prizes to examine the causal effect of financial resources on fertility. We employ extensive panels of administrative data encompassing over 0.4 million lottery winners in Taiwan and implement a triple-differences design. Our analyses reveal that a substantial lottery win can significantly increase fertility, the implied wealth elasticity of which is around 0.06. Moreover, the primary channel through which fertility increases is by prompting first births among previously childless individuals. Finally, our analysis reveals that approximately 25% of the total fertility effect stems from increased marriage rates following a lottery win.