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- W2901472272 abstract "Using the US Census waves 1940-1990 and CPS 1990-2010, we look at how economic uncertainty affected fertility cycles over the course of the XXth century. We use cross-state and cross-cohort variation in the volatility of income growth to identify the causal link running from uncertainty to fertility. We find that economic uncertainty has a large and robust negative effect on completed fertility. We hypothesize that a greater economic uncertainty increases the risk of large consumption swings, which individuals mitigate by postponing fertility and ultimately decreasing their completed fertility. Differences in volatility account for between 45% and 61% of the one child variation observed during the post WWII baby boom" @default.
- W2901472272 created "2018-11-29" @default.
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- W2901472272 date "2018-07-01" @default.
- W2901472272 modified "2023-09-27" @default.
- W2901472272 title "Economics Uncertainty and Fertility Cycles: The Case of the Post-WWII Baby Boom" @default.
- W2901472272 hasPublicationYear "2018" @default.
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