The Easterlin hypothesis in the recent experience of higher-income OECD countries: A panel-data approach
AbstractThe Easterlin hypothesis emphasizes the effect of relative cohort size on fertility. Models based on the Easterlin hypothesis have performed well in explaining time series fertility data, although these results have been for long historical time series and have typically been restricted to single country studies. These models are not adequate to determine if the hypothesis still holds and if the success of the Easterlin hypothesis is an artifact of the time period chosen. We use panel data analysis and temporal causality tests to see of the Easterlin hypothesis holds for higher-income OECD countries. The results support the Easterlin hypothesis. Copyright Springer-Verlag 2005
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Bibliographic InfoArticle provided by Springer in its journal Journal of Population Economics.
Volume (Year): 18 (2005)
Issue (Month): 1 (08)
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- J1 - Labor and Demographic Economics - - Demographic Economics
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Longitudinal Data; Spatial Time Series
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