Economics of Religion
Anticipated Fertility and Educational Investment:
Evidence from the One-Child-Policy in China
Does future anticipated fertility affect educational investment? The number of children planned is usually unobserved and affected by variables that are correlated with the demand for education. Theory suggests that anticipated fertility can affect the returns to education, the resources available for family consumption and the incentives to find a partner. This paper uses varying eligibility criteria for second child permits during the One-Child Policy in China as a natural experiment, which provides plausible exogenous variation in the cost of the second child. I use second child permits that are conditional on time-invariant individual characteristics and show that they have a strong positive effect on the likelihood of having a second child between 1990 and 2005. They are therefore expected to change anticipated fertility among compliers. I find that fulfilling an eligibility criterion at secondary school age increases the time invested in education and the likelihood of continuing schooling after middle school. The effect appears concentrated in the subset of compliers: individuals who increase their anticipated number of children as a response to eligibility. It can be explained by the high cost of raising children, by the second child having at most a short-term effect on parental labour supply and by a skewed sex ratio.
God insures those who pay? Formal insurance and religious offerings in Ghana
Work in Progress
Spousal Preferences and Marriage Patterns: Data from China
with Weiwei Ren, Jeanne Bovet, Paul Seabright and Charlotte Wang
This study investigates marriage patterns and underlying spousal preferences in China. Due to the two-sided matching nature of marriage, preferences generally cannot be inferred from marriage outcomes. We estimate preferences based on the evaluation of a series of randomly created profiles and connect our results to recent marriage patterns in the general population by simulation. Preference data is elicited from parents or other relatives who search for a spouse on behalf of their unmarried adult child, and from unmarried students in Kunming, Yunnan. We confirm that economic variables are important for the choice of sons-in-law, but not for daughters-in-law. Education, however, is valued on both sides. We find differences in age preferences between the parents and the student sample, with parents preferring younger wives. Simulations based on parental and students' preferences predict high degrees of assortativeness on age and education in the baseline specification. Forecasting educational trends and simulating future marriage patterns, we find that uneducated men are unlikely to marry and there is a possibility that highly educated women marry less in the future.
Cheating in a Trade Environement
with Astrid Hopfensitz
Risk and Religiosity
with Amma Panin and Poorvi Iyer
Bovet J., Raiber E., Ren W., Wang C., Seabright P. Parent-offspring conflict over mate choice: An experimental investigation in China. 2018. British Journal of Psychology