UNCERTAIN INFANT MORTALITY, LEARNING, AND LIFE‐CYCLE FERTILITY*
研究母亲在面临未知的婴儿死亡风险时,如何通过学习调整生育行为,并用马来西亚面板数据估计了替代效应和健康投入的关系。
This article examines the links between infant mortality and fertility in an environment with unobserved heterogeneity in infant mortality risk across mothers. In such an environment, replacement behavior (i.e., the fertility response to an experienced child death) might be influenced by mothers' learning about a family‐specific component of infant mortality risk. I explicitly introduce learning by mothers in a dynamic stochastic model of life‐cycle marital fertility, and I estimate the model's structural parameters using Malaysian panel data. The framework is used to estimate replacement rates and to correct for birth selectivity in the estimation of the relationship between infant mortality risk and “health inputs.”