Ans. A novice econometrician would run the following OLS regression equation to estimate the relationship between childbearing (X) and female labor supply (Y).
\(Y_i\) = \(\beta_0\) + \(\beta_1X_i\) + \(\epsilon_i\)
where,
Ans. Running the above OLS can lead to bias because of the likely presence of endogeneity. Childbearing choices (X) are not exogenous; they may be influenced by unobserved factors affecting labor supply, such as a mother’s preference for working. Additionally, other potential sources of endogeneity, such as reverse causation, omitted variables, or measurement error, can distort the estimated relationship leading to inconsistent results.
Ans. To obtain unbiased causal effects, the authors use the gender of a woman’s first two children (Z) as an instrument for childbearing beyond the second child (X). This instrument is based on the assumption that the gender of the first two children affects the probability of having a third child but does not directly influence labor supply.
Ans. The first-stage regression relates childbearing (X) to the instrument (Z) and other control variables. It estimates how the gender of the first two children influences the likelihood of having a third child.
\(X_i\) = \(\beta_0\) + \(\beta_1Z_i\) + \(\beta_2W_i\) + \(\epsilon_i\)
where,
The second-stage regression examines the impact of childbearing (X) on female labor supply (Y) after accounting for the endogeneity issue. It uses the predicted values of childbearing from the first stage and control variables.
\(Y_i\) = \(\gamma_0\) + \(\gamma_1\hat{X}_i\) + \(\gamma_2W_i\) + \(\epsilon_i\)
where,
The first-stage regression addresses endogeneity and it guarantees the validity of the results. From the article’s conclusion, the findings add reliable empirical support for the idea that childbirth reduces the woman’s labor force participation.
Ans. The instrument (Z) is considered exogenous as it should not affect female labor supply (Y) through any other way except through the fitted value of childbearing (X) from the first stage. The gender of the first two children is unlikely to have a direct impact on a woman’s labor supply. It does not directly influence labor force participation but influences the likelihood of having additional children based on the gender of the first two children.
Ans. A potential violation of exogeneity could occur if the instrument (Z) was found to affect female labor supply through another way unrelated to childbearing. For example, if societal attitudes and expectations regarding families with specific genders led to differential labor supply decisions, this could violate the exogeneity assumption.