Social Sciences
4 years ago

Fertility Rates Surge Worldwide as Wages Grow Sporadically

RePEc: Research Papers in Economics
Explaining Movements in Completed Fertility Across Cohorts
Lawrence W. Kenny

Paper Summary

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A model based on the quantity-quality theory successfully explains changes in completed fertility over time, predicting a peak accurately. Regressions using economic status theory are less effective in predicting fertility trends. The increase in completed fertility during the baby boom is mainly due to sporadic wage growth.