Econ 350 Exam Questions with 100%
Correct Answers
Why do men want more children? - Cost of childbearing greater for
women, child pen, OC of career, HC accum, more info about costs to
women, mental loads, double burden.
Why has it changed that men want more children? - Social norms, cost
of li...
Econ 350 Exam Questions with 100% Correct Answers Why do men want more children? - ✔✔Cost of childbearing greater for women, child pen, OC of career, HC accum, more info about costs to women, mental loads, double burden. Why has it changed that men want more children? - ✔✔Social norms, cost of living, inc reased demand for female labour, increased edu, cultural changes delaying marriage and fertility. When is FLFP lowest? - ✔✔During childbearing years Is childbearing endogenous? - ✔✔Yes. It's an econ decision w econ factors: fertility, edu, careers: jointly determined. What are fertility decisions? - ✔✔F( income, price of children, price of related goods, tastes and pref, tech) Income = normal good. Income ⬆️ D⬆️. PYD Preferences: QvQ, social norms, normal vs inferior good. Other policies: family planning s ervices, childcare parental leave, child tax. What is the quality of children? - ✔✔I in health, edu, skills (extra curricular, tuition). Strong preference for quality= fewer children. Are men more likely to want quality or quantity of children? Becker - ✔✔Quantity: IE>SE. Less likely to give up time. Increased income increased d for child. What is actual fertility - ✔✔Number of children per women of reproductive age What is desired fertility? - ✔✔Number of children desired by women of reproductive age Why i s actual vs desired fertility different? - ✔✔Child mortality, access to reproductive health, lack of women empowerment Becker's household model of fertility - ✔✔Cd = f(Y,Pc,Px,tx): x=1 What happens to the HH model of fertility as income increases? - ✔✔Cd u p if normal good, down if inferior. But QvQ with D to quality: better food, clothing, edu What happens to the HH model of fertility as Pc increases? - ✔✔As the OC of children increases, Cd decreases. Why do LIC have higher fert rates - ✔✔Poor health care, agri: more children to work on the farm, in weak institutions children are old age security. Social norms What are the competing demands of work and family? Blau and Winkler - ✔✔Increased % of pop with young children, caring for elderly parents, single pa rents, sandwiched generation Sandwiched generation - ✔✔Having postponed child until late 20s early 30s means caring for children and parents at the same time What is a second shift - ✔✔Work all day, household production after work: disproportionately done by women Competing demands of work and family: low wage workers - ✔✔Lack of affordable childcare, little flexibility with low wage jobs, few fringe benefits Competing demands of work and family: challenges faced by highly education, professional women - ✔✔Opting out: mothers work long hours in male dominated industries, exit. Workplaces are ill -equipped to help with caregiving.
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