The predictive content of the quantity-quality model of fertility is analyzed and the empirical information required for verification under a minimal set of restrictions on the utility function is described. It is demonstrated that commodity-independent compensated price effects must be known to infer the existence of the unobservable interdependent shadow prices of the model with a relatively weak structure imposed on preference orderings. A method of using multiple birth events to substitute for these exogenous prices is proposed and applied to household data from India.
MLA
Wolpin, Kenneth I., and Mark R. Rosenzweig. “Testing the Quantity-Quality Fertility Model: The Use of Twins as a Natural Experiment.” Econometrica, vol. 48, .no 1, Econometric Society, 1980, pp. 227-240, https://www.jstor.org/stable/1912026
Chicago
Wolpin, Kenneth I., and Mark R. Rosenzweig. “Testing the Quantity-Quality Fertility Model: The Use of Twins as a Natural Experiment.” Econometrica, 48, .no 1, (Econometric Society: 1980), 227-240. https://www.jstor.org/stable/1912026
APA
Wolpin, K. I., & Rosenzweig, M. R. (1980). Testing the Quantity-Quality Fertility Model: The Use of Twins as a Natural Experiment. Econometrica, 48(1), 227-240. https://www.jstor.org/stable/1912026
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