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|Title:||The impact of relative cohort size on U.S. fertility, 1913 - 2001 |
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.|
relative cohort size
child tax deduction
|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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