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The Puzzle of Falling US Birth Rates Since the Great Recession
Kearney, Melissa Schettini; Levine, Phillip B.; Pardue, … - National Bureau of Economic Research - 2021
This paper documents a set of facts about the dramatic decline in birth rates in the United States between 2007 and 2020 and explores possible explanations. The overall reduction in the birth rate reflects declines across many groups of women, including women who differ by race and ethnicity,...
Persistent link: https://www.econbiz.de/10012629506
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The Cyclicality of Births and Babies' Health, Revisited : Evidence from Unemployment Insurance
Dettling, Lisa J.; Kearney, Melissa Schettini - National Bureau of Economic Research - 2023
through unemployment insurance (UI). We introduce a novel empirical test of standard neoclassical models of fertility that … fertility rates. This implies that the well-documented cyclical nature of fertility rates is about access to liquidity. We also …
Persistent link: https://www.econbiz.de/10014226134
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Time Use and Macroeconomic Uncertainty
Cacciatore, Matteo; Hauser, Daniela; Gnocchi, Stefano - National Bureau of Economic Research - 2023
We study the effects of uncertainty on time use and their macroeconomic implications. Employing data from the American Time Use Survey and the Bureau of Labor Statistics, we document that heightened uncertainty increases housework and reduces market work hours, mildly impacting leisure. We then...
Persistent link: https://www.econbiz.de/10014447275
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The Effect of Macroeconomic Uncertainty on Household Spending
Coibion, Olivier; Georgarakos, Dimitris; Gorodnichenko, … - National Bureau of Economic Research - 2021
Using a new survey of European households, we study how exogenous variation in the macroeconomic uncertainty perceived by households affects their spending decisions. We use randomized information treatments that provide different types of information about the first and/or second moments of...
Persistent link: https://www.econbiz.de/10012496179
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Housing Dynamics over the Business Cycle
Kydland, Finn E. - 2012
dynamics are documented here to be specific to the U.S. and Canada. In other developed economies residential investment is …
Persistent link: https://www.econbiz.de/10012460228
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Demographic Differences in Cyclical Employment Variation
Clark, Kim B. - 1980
Demographic differences in patterns of employment variation over the business cycle are examined in this paper. Three primary conclusions emerge. First, both participation and unemployment must be considered in any analysis of cyclical changes in the labor market. Second, young people bear a...
Persistent link: https://www.econbiz.de/10012478622
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The Young, the Old, and the Restless : Demographics and Business Cycle Volatility
Jaimovich, Nir - 2008
We investigate the consequences of demographic change for business cycle analysis. We find that changes in the age composition of the labor force account for a significant fraction of the variation in business cycle volatility observed in the U.S. and other G7 economies. During the postwar...
Persistent link: https://www.econbiz.de/10012464583
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Business Cycles and Fertility Dynamics in the U.S : A Vector-Autoregressive Model
Mocan, Naci H. - 1989
Using recent developments in time-series econometrics, this paper investigates the behavior of fertility over the … business cycle. The sex-specific unemployment rates, the divorce rate and the fertility rate are shown to be governed by … stochastic trends. Furthermore, fertility is determined to be co-integrated with the divorce and unemployment rates. In the …
Persistent link: https://www.econbiz.de/10012475864
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The Impact of Social Policy and Economic Activity Throughout the Fertility Decision Tree
Levine, Phillip B. - 2002
1985 to 1996 period at each stage of the fertility decision tree, including sexual activity, contraception, pregnancy …
Persistent link: https://www.econbiz.de/10012469692
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Growth and Childbearing in the Short- and Long-Run
Chatterjee, Shoumitro - 2016
Despite being key to theories of economic growth and the demographic transition, evidence on how fertility responds to … aggregate income change is mixed. We analyze economic growth and fertility change in the developing world over six decades …, using data on 2.3 million women from 255 surveys in 81 countries. We find that fertility responds differently to …
Persistent link: https://www.econbiz.de/10012455680