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Research in 2022

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  • Research Project Title
    The Income Elasticity of Fertility in South Korea: Microeconomic Theory and Macroeconomic Outcomes
  • Project Title
    Research in 2021
  • Project Manager(s)
    ShinHyuck Kang
  • This study estimates the income elasticity of fertility (IEF) using the recent micro and macro data and investigates if there would be other factors to explain the IEF. By exploring the IEF at both micro and macro level, this research aims to present a new perspective to understand how the market condition affects family formation.