Introduction Most people want two or more children, but many do not realize their fertility desires. At the same time, recent studies suggest that up to 15% of parents regret having children. To investigate how fertility mismatch relates to well-being (i.e., affect balance, life satisfaction, family life satisfaction, and work satisfaction), this preregistered study used nationally representative cross-sectional ...
In conventional proxy VAR analysis, the shocks of interest are identified by external instruments. This is typically accomplished by considering the covariance of the instruments and the reducedform residuals. Alternatively, the instruments may be internalized by augmenting the VAR process by the instruments or proxies. These alternative identification methods are compared and it is shown that the ...
