An Economic Approach to Market Work of married Women and their Fertility

기혼여성의 취업과 자녀출산에 대한 경제학적 접근

The purpose of this research was to analyze the market-labor participation of married women and their demand for an additional child, The theories from 'Economics of Fertility' by Willis and Bekerian 'Household Production Model' were applied to develop the theoretical model. For the empirical analysis National Data for Fetility in Korea was used, Even though the model was fully developed based on economic theories only the pasychological or value-related variables were appeared to be statistically significant. That means in Korea the decision-making for market work and fertility are still following the traditional way as it is.