Does financial development contribute to fertility decline in Malaysia? An empirical investigation
The “old-age security” and “complete substitutability” hypotheses suggest that financial market can affect individuals’ decision to have less or more children. It has been recognised in the literature that at low level of financial development, children are considered an asset and a form of invest...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2018
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| Online Access: | http://journalarticle.ukm.my/19635/1/jeko_521-16.pdf |