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http://dx.doi.org/10.5804/LHIJ.2022.13.3.39

Analysis of Relationship between Housing Tenure and Birth in Newlywed Couples by Using Panel Data  

Shin, Hyungsub (LH 토지주택연구원 주거복지연구실)
Publication Information
Land and Housing Review / v.13, no.3, 2022 , pp. 39-55 More about this Journal
Abstract
In this study, we investigate the interrelationship between housing tenure and childbirth by exploiting the correlation probability effect method that accounts for household heterogeneity. Using the newlywed household panel from 2011 to 2022, we find that home ownership has a positive impact on childbirth in newlyweds. Specifically, newlywed households with housing tenure show a 6.2%p higher birth rate and a 5.7%p higher second childbirth than newlywed households living in rented houses. For the case of first childbirth, we employ the probability effect probit model since the endogeneity was not detected between housing tenure and birth rate. We document the differential effects of housing tenure on childbirth in that the first childbirth rate is higher for households without housing tenures. The negative effects on first childbirth could be attributed to the economic burden due to initial housing ownership, while housing tenure could eventually provide housing stability, leading to positive effects on more than one childbirth. Finally, we identify that households with childbirth over the last year show a 4.2%p and 3.9%p lower probabilities of housing tenure in the total sample and second childbirth sample, respectively. This suggests that the increased living cost due to childbirth could delay home ownership.
Keywords
Newly-Married Households; Birth; Housing Tenure; Correlated Random Effect;
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