Jason Kerwin (@jt_kerwin) 's Twitter Profile
Jason Kerwin

@jt_kerwin

Development economist at the University of Washington. Hawaiʻi born, Stanford alum, Michigan PhD. Views my own.

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linkhttp://jasonkerwin.com calendar_today27-04-2011 18:20:29

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Children are a normal good—giving people more money makes them have *more* children, not fewer. The reason that this isn't obvious, and requires a clever RCT to identify effects, is that changes in income also raise the cost of having kids.

Children are a normal good—giving people more money makes them have *more* children, not fewer.

The reason that this isn't obvious, and requires a clever RCT to identify effects, is that changes in income also raise the cost of having kids.