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Title:The impact of relative cohort size on U.S. fertility, 1913 - 2001 PDF Logo
Authors:Jeon, Yongil
Shields, Michael P.
Issue Date:2008
Series/Report no.:IZA Discussion Papers 3587
Abstract:This paper tests for the long-term and short-term relationships between fertility and relative cohort size for the United States using the annual time series data between 1913 and 2001. An error correction model, imbedded with the cointegration theory, is coupled with the general impulse response function. Empirical evidence on relationships is found lending support to the Easterlin hypothesis in that the change in relative cohort size is an important explanatory variable to include in studies of human fertility both in the short run and in the long-run for the United States. In addition, our results support the catching-up hypothesis and that the child tax deduction has been an important policy variable influencing births.
Subjects:Easterlin hypothesis
relative cohort size
age structure
catching-up
child tax deduction
JEL:J13
Persistent Identifier of the first edition:urn:nbn:de:101:1-20080711124
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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