Yvan St.-Pierre () (Center for the Analysis of Cost Effective Care, Montreal General Hospital, Livingstone Hall, 1650 Cedar Avenue, Montre´al, Canada H3G 1A4) Philip Merrigan () (De´partement des Sciences E´conomiques, UQAM and Center for Research on Economic Fluctuations and Employment CP 8888, Succursale "Centre-Ville", Montre´al, Canada H3C 3P8)
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This paper estimates a reduced form neoclassical model of Canadian fertility dynamics using an econometric technique that integrates several features not usually found in the demographic and economic literature. We find considerable support for the neoclassical model. We also find that correlated unobservables and parity stopping effects play an important role in Canadian fertility dynamics as well as other socio-demographic features of Canadian women. However, we fail to totally characterize the important drops in the fertility rate that took place for this era.
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