Abstract
I estimate a structural model that nests four channels through which abortion costs impact partnership and fertility. Variation in parental consent laws helps to identify the relative importance of each theoretical channel, and simulations decompose total policy effects into theoretical channels. Results indicate that the largest effect of parental consent laws is on the abortion decision for pregnant minors. But there are also meaningful effects on marriage opportunities for pregnant minors and on sexual and contraceptive behavior. These effects combine to impact family structure and human capital accumulation over the life-cycle. Simulations show that parental consent laws reduce the accumulation of human capital via impacts of children on school attendance and also increase the probability that women spend time as unwed mothers. A counterfactual abortion ban is predicted to increase birth rates at all ages and subsequently increase unwed motherhood and reduce schooling.
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