Completed Fertility and Its Timing: An Economic Analysis of U.S. Experience Since World War II, Issue 2285 |
Common terms and phrases
a+t,t+t age group age-specific fertility rates auxiliary regressions average completed fertility baby boom birth decision birth rates child services childbearing coefficients cohort aged 20 completed fer completed fertility expectations component cost of children Countercyclical couples current and completed current births current fertility rates current male income current numbers current period current wage decision period dynamic effect of current elasticity of current ex ante ex post expected completed fertility expected family female employment ratio female wage changes female wage rates female wage Wf future male income income effect intertemporal substitution life-cycle lnW t-1 male income Ym normalized fertility rates number of children opportunity cost path period fertility rates period t-1 pleted fertility predict future predicted female wage predicted wages prediction equations Rand Corporation rise sample shadow price static model tility total fertility rate U.S. fertility values wages and income weighted women aged World War II