Fertility and Childlessness in the United States
Author(s) -
Thierry Baudin,
David de la Croix,
Paula E. Gobbi
Publication year - 2015
Publication title -
american economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 16.936
H-Index - 297
eISSN - 1944-7981
pISSN - 0002-8282
DOI - 10.1257/aer.20120926
Subject(s) - childlessness , fertility , economics , margin (machine learning) , total fertility rate , demographic economics , poverty , productivity , demography , population , family planning , economic growth , sociology , research methodology , machine learning , computer science
We develop a theory of fertility, distinguishing its intensive margin from its extensive margin. The deep parameters are identified using facts from the 1990 US Census: (i) fertility of mothers decreases with education; (ii) childlessness exhibits a U-shaped relationship with education; (iii) the relationship between marriage rates and education is hump-shaped for women and increasing for men. We estimate that 2.5 percent of women were childless because of poverty and 8.1 percent because of high opportunity cost of childrearing. Over time, historical trends in total factor productivity and in education led to a U-shaped response in childlessness rates while fertility of mothers decreased.
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