It has been widely perceived in South Korea that the rise in a woman's income is negative for her childbirth. This study tries to verify the hypothesis empirically because the Korean government initiated the basic plan for low fertility in 2006 and has constantly strengthened work–family balance policy since then. Our analysis using a household annual data over 18 years, 1999–2016, indicates that married women's economic power relates positively to childbirth for the period after 2006. We also find that the higher birth likelihood among top income quartile women is largely attributed to their better accessibility to maternity protection benefits. These findings imply that the government's efforts to support work–family balance have been successful to a certain extent. However, the benefits remain limited only to high-income women.

We investigate how changes in the sex ratio induced by World War II affected the bargaining patterns of Italian men in the marriage market. Marriage data from the first wave of the Italian Household Longitudinal Survey (1997) are matched with newly digitized information on war casualties coming from the Italian National Bureau of Statistics. We find that men in post-war marriages were better off in terms of their spouse's education, this gain amounting to about half a year of schooling. By considering heterogeneity across provinces, we find that the effects were more pronounced in rural provinces, mountainous provinces, and provinces with a higher share of population employed in agriculture. This result suggests that in these provinces the war caused a more fundamental change in marriage patterns compared to urban, lower-lying, and less agricultural provinces where marriage markets might have been more flexible to begin with.