출산율과 여성노동공급에 대한 거시적 실증분석

초록

This paper empirically studies the fertility decline and female labor supply in Korea. Based on the microeconomic labor economics which considers the female wage rate opportunity cost of childbearing, we empirically test the hypothesis of new home economics. In addition, we also test the relative income hypothesis of fertility decision model which ascribes the low birth rate of young adult couple as low income level compared to their parent's income. The data support the new home economics hypothesis, but the test results of the relative income hypothesis depend on the measure of relative income. In Korea, the relative ratio of annual income for the young adult group and their parents group is better than the relative ratio of cohort size for two groups.

키워드