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Time series analysis of fertility and female labor market behavior

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  • Robert McNown

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  • Sameer Rajbhandary

Abstract

Cointegration methods are employed to investigate relations among total fertility, female wages, labor force participation, educational attainment, and male relative cohort size. Two long run relations among the series are found, and these are identified as a fertility and a labor supply equation. All covariates enter into these relations with significant coefficients and theoretically plausible signs. Innovation analysis shows that both fertility and female labor force participation respond to changes in relative cohort size in directions consistent with the Easterlin hypothesis. Female labor force participation responds significantly to fertility shocks, but reverse effects are insignificant. Copyright Springer-Verlag 2003

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File URL: http://hdl.handle.net/10.1007/s00148-003-0107-8
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Bibliographic Info

Article provided by Springer in its journal Population Economics.

Volume (Year): 16 (2003)
Issue (Month): 3 (08)
Pages: 501-523

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Handle: RePEc:spr:jopoec:v:16:y:2003:i:3:p:501-523

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Related research

Keywords: Fertility; cointegration; female labor supply; J13; J21; C32;

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Cited by:
  1. Macunovich, Diane J., 2011. "Re-Visiting the Easterlin Hypothesis: Marriage in the U.S. 1968-2010," IZA Discussion Papers 5886, Institute for the Study of Labor (IZA).
  2. Fuchs, Johann & Söhnlein, Doris, 2007. "Einflussfaktoren auf das Erwerbspersonenpotenzial : Demografie und Erwerbsverhalten in Ost- und Westdeutschland," IAB Discussion Paper 200712, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
  3. Paraskevi Salamaliki & Ioannis Venetis & Nicholas Giannakopoulos, 2013. "The causal relationship between female labor supply and fertility in the USA: updated evidence via a time series multi-horizon approach," Journal of Population Economics, Springer, vol. 26(1), pages 109-145, January.
  4. Francisco Climent Diranzo & Robert Meneu Gaya, . "Relaciones de equilibrio entre demografía y crecimiento económico en España," Studies on the Spanish Economy 163, FEDEA.
  5. Macunovich, Diane J., 2011. "Re-Visiting the Easterlin Hypothesis: U.S. Fertility 1968-2010," IZA Discussion Papers 5885, Institute for the Study of Labor (IZA).
  6. Jeon, Yongil & Shields, Michael P., 2008. "The Impact of Relative Cohort Size on U.S. Fertility, 1913-2001," IZA Discussion Papers 3587, Institute for the Study of Labor (IZA).

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