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Published on: June 13, 2021
Effects of pandemics uncertainty on fertility
Yonglong Wang1, Giray Gozgor2,3,4, Chi Keung Marco Lau5
1Research Centre of Modern Economic and Management, Zhejiang Yuexiu Univerisity of Foreign Languages, Shaoxing, China.
Abstract:
The COVID-19 pandemic has affected various dimensions of the economies and societies. At this juncture, this paper examines the effects of pandemics-related uncertainty on fertility in the panel dataset of 126 countries from 1996 to 2019. For this purpose, the World Pandemics Uncertainty Indices are used to measure the pandemics-related uncertainty. The novel empirical evidence is that pandemics-related uncertainty decreases fertility rates. These results are robust to estimate different models and include various controls. We also try to explain why the rise in uncertainty during the COVID-19 pandemic has resulted in the fertility decline.
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