English, Article, Journal or magazine article edition: Exchange Rate Response to Macro News: Through the Lens of Microstructure Lucie Schmidt

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/119987
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Exchange Rate Response to Macro News: Through the Lens of Microstructure
Author
  • Lucie Schmidt
Physical Description
  • preprint
Notes
  • The existing literature on marriage and fertility decisions pays little attention to the roles played by risk preferences and uncertainty. However, given uncertainty regarding the arrival of suitable marriage partners, the ability to contracept, and the ability to conceive, women’s risk preferences might be expected to play an important role in marriage and fertility timing decisions. Using data from the Panel Study of Income Dynamics, I find that measured risk preferences have a significant effect on both marriage and fertility timing. Highly risk tolerant women are more likely to delay marriage, consistent with either a search model of marriage or a risk-pooling explanation. In addition, risk preferences affect fertility timing in a way that differs by marital status and education, and that varies over the lifecycle. Greater tolerance for risk leads to earlier births at young ages, consistent with these women being less likely to contracept effectively. In addition, as the subgroup of college-educated, unmarried women nears the end of their fertile periods, highly risk tolerant women are likely to delay childbearing relative to their more risk averse counterparts, and are therefore less likely to become mothers. These findings may have broader implications for both individual and societal well-being.
  • RePEc:wil:wileco:2007-3
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment