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Do the Rich Have Fewer Children?

Summary:
bit.ly/dsia06a Part A of Lec 6 on Descriptive Statistics: An Islamic Approach. We analyze the HIES (Household Income and Expenditure Survey) to see if it shows that wealthier households have fewer children. If we take Total Expenditure as a proxy for Wealth, the answer is no. But this is the wrong proxy. When we switch ...

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bit.ly/dsia06a Part A of Lec 6 on Descriptive Statistics: An Islamic Approach. We analyze the HIES (Household Income and Expenditure Survey) to see if it shows that wealthier households have fewer children. If we take Total Expenditure as a proxy for Wealth, the answer is no. But this is the wrong proxy. When we switch to Total Expenditure per Capita, we get the right result. The main point of the lecture is to demonstrate direct methods of looking at the data, without making any statistical assumptions.


Asad Zaman
Physician executive. All opinions are my personal. It is okay for me to be confused as I’m learning every day. Judge me and be confused as well.

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