Early Childbearing and the Option to Postpone

This paper uses the option value theory to analyse whether there is any value in postponing childbearing for young women. The main insights are based on the idea that the costs of bearing tend to decrease in time and are subject to uncertainty. The analysis involves women with different socioeconomi...

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Autores:
Zuluaga, Blanca
Tipo de recurso:
Article of journal
Fecha de publicación:
2018
Institución:
Universidad Nacional de Colombia
Repositorio:
Universidad Nacional de Colombia
Idioma:
spa
OAI Identifier:
oai:repositorio.unal.edu.co:unal/68438
Acceso en línea:
https://repositorio.unal.edu.co/handle/unal/68438
http://bdigital.unal.edu.co/69471/
Palabra clave:
33 Economía / Economics
Childbearing
Education
Option Value
Fertility decisions
Colombia
Rights
openAccess
License
Atribución-NoComercial 4.0 Internacional
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spelling Atribución-NoComercial 4.0 InternacionalDerechos reservados - Universidad Nacional de Colombiahttp://creativecommons.org/licenses/by-nc/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Zuluaga, Blanca95e3d561-b70f-49ca-8d4e-03c10c70e63d3002019-07-03T06:46:45Z2019-07-03T06:46:45Z2018-01-01ISSN: 2248-4337https://repositorio.unal.edu.co/handle/unal/68438http://bdigital.unal.edu.co/69471/This paper uses the option value theory to analyse whether there is any value in postponing childbearing for young women. The main insights are based on the idea that the costs of bearing tend to decrease in time and are subject to uncertainty. The analysis involves women with different socioeconomic characteristics. Our findings suggest that, as long as the possibilities of poorer women to reach high schooling increase, they will optimally postpone childbearing. In other words, early childbearing by impoverished women might be a rational reaction to their disadvantaged situation, where opportunities to reach high achievements are low, with or without a child.Este artículo emplea la teoría del valor para analizar si hay un valor para una mujer joven de posponer la maternidad. Los principales argumentos están basados en la idea de que el costo de tener un hijo decrece con el tiempo y que está sujeto a incertidumbre. Hacemos el análisis para mujeres con distintas características socioeconómicas. Los resultados sugieren que mientras las posibilidades para las mujeres pobres de alcanzar altos niveles de escolaridad sean altas, ellas elegirán posponer la maternidad. En otras palabras, la maternidad temprana para las mujeres pobres podrá verse como una reacción óptima a su situación desaventajada, donde las oportunidades de alcanzar altos logros son bajas, con o sin un hijo.Este artigo emprega a teoria do valor para analisar se há um valor para uma mulher jovem ao adiar a maternidade. Os principais argumentos e baseiam na ideia de que o custo de ter um filho decresce com o tempo e que está sujeito à incerteza. Fazemos a análise em mulheres com distintas características socioeconómicas.Os resultados sugerem que enquanto as possibilidades para as mulheres pobres de alcançar altos níveis de escolaridade sejam altas, elas elegerão adiar a maternidade. Isto é, a maternidade temporãmente para as mulheres pobres poderá ver-se como uma reação ótima à sua situação desavantajosa, onde as oportunidades de alcançar altos patamares de sucesso são baixas, com ou sem um filho.application/pdfspaUniversidad Nacional de Colombia - Sede Bogotá - Facultad de Ciencias Económicas - Escuela de Economíahttps://revistas.unal.edu.co/index.php/ceconomia/article/view/58537Universidad Nacional de Colombia Revistas electrónicas UN Cuadernos de EconomíaCuadernos de EconomíaZuluaga, Blanca (2018) Early Childbearing and the Option to Postpone. Cuadernos de Economía, 37 (73). pp. 167-198. ISSN 2248-433733 Economía / EconomicsChildbearingEducationOption ValueFertility decisionsColombiaEarly Childbearing and the Option to PostponeArtículo de revistainfo:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1http://purl.org/coar/version/c_970fb48d4fbd8a85Texthttp://purl.org/redcol/resource_type/ARTORIGINAL58537-365154-2-PB.pdfapplication/pdf2623392https://repositorio.unal.edu.co/bitstream/unal/68438/1/58537-365154-2-PB.pdf8480f1a28f7a30ca7d6a33618d88b184MD51THUMBNAIL58537-365154-2-PB.pdf.jpg58537-365154-2-PB.pdf.jpgGenerated Thumbnailimage/jpeg4344https://repositorio.unal.edu.co/bitstream/unal/68438/2/58537-365154-2-PB.pdf.jpg30b1107f029e07996d27e59ed6a20e10MD52unal/68438oai:repositorio.unal.edu.co:unal/684382023-06-03 23:03:27.746Repositorio Institucional Universidad Nacional de Colombiarepositorio_nal@unal.edu.co
dc.title.spa.fl_str_mv Early Childbearing and the Option to Postpone
title Early Childbearing and the Option to Postpone
spellingShingle Early Childbearing and the Option to Postpone
33 Economía / Economics
Childbearing
Education
Option Value
Fertility decisions
Colombia
title_short Early Childbearing and the Option to Postpone
title_full Early Childbearing and the Option to Postpone
title_fullStr Early Childbearing and the Option to Postpone
title_full_unstemmed Early Childbearing and the Option to Postpone
title_sort Early Childbearing and the Option to Postpone
dc.creator.fl_str_mv Zuluaga, Blanca
dc.contributor.author.spa.fl_str_mv Zuluaga, Blanca
dc.subject.ddc.spa.fl_str_mv 33 Economía / Economics
topic 33 Economía / Economics
Childbearing
Education
Option Value
Fertility decisions
Colombia
dc.subject.proposal.spa.fl_str_mv Childbearing
Education
Option Value
Fertility decisions
Colombia
description This paper uses the option value theory to analyse whether there is any value in postponing childbearing for young women. The main insights are based on the idea that the costs of bearing tend to decrease in time and are subject to uncertainty. The analysis involves women with different socioeconomic characteristics. Our findings suggest that, as long as the possibilities of poorer women to reach high schooling increase, they will optimally postpone childbearing. In other words, early childbearing by impoverished women might be a rational reaction to their disadvantaged situation, where opportunities to reach high achievements are low, with or without a child.
publishDate 2018
dc.date.issued.spa.fl_str_mv 2018-01-01
dc.date.accessioned.spa.fl_str_mv 2019-07-03T06:46:45Z
dc.date.available.spa.fl_str_mv 2019-07-03T06:46:45Z
dc.type.spa.fl_str_mv Artículo de revista
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dc.identifier.issn.spa.fl_str_mv ISSN: 2248-4337
dc.identifier.uri.none.fl_str_mv https://repositorio.unal.edu.co/handle/unal/68438
dc.identifier.eprints.spa.fl_str_mv http://bdigital.unal.edu.co/69471/
identifier_str_mv ISSN: 2248-4337
url https://repositorio.unal.edu.co/handle/unal/68438
http://bdigital.unal.edu.co/69471/
dc.language.iso.spa.fl_str_mv spa
language spa
dc.relation.spa.fl_str_mv https://revistas.unal.edu.co/index.php/ceconomia/article/view/58537
dc.relation.ispartof.spa.fl_str_mv Universidad Nacional de Colombia Revistas electrónicas UN Cuadernos de Economía
Cuadernos de Economía
dc.relation.references.spa.fl_str_mv Zuluaga, Blanca (2018) Early Childbearing and the Option to Postpone. Cuadernos de Economía, 37 (73). pp. 167-198. ISSN 2248-4337
dc.rights.spa.fl_str_mv Derechos reservados - Universidad Nacional de Colombia
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.rights.license.spa.fl_str_mv Atribución-NoComercial 4.0 Internacional
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dc.rights.accessrights.spa.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv Atribución-NoComercial 4.0 Internacional
Derechos reservados - Universidad Nacional de Colombia
http://creativecommons.org/licenses/by-nc/4.0/
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
dc.format.mimetype.spa.fl_str_mv application/pdf
dc.publisher.spa.fl_str_mv Universidad Nacional de Colombia - Sede Bogotá - Facultad de Ciencias Económicas - Escuela de Economía
institution Universidad Nacional de Colombia
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