The Contraceptive Revolution and the Second Demographic Transition: An Economic Model of Sex, Fertility, and Marriage
AbstractWe present a model of household decisions regarding sex, fertility, marriage, and consumption. Households choose marital status based on the expected utility of marriage, and then sex, children, and consumption of other goods to maximize utility subject to a budget and a fertility constraint. An increase in contraceptive efficacy generally leads to increased sexual activity but has ambiguous effects on fertility. Also, increases in contraceptive efficacy lead to lower marriage rates and higher divorce rates. The predictions correspond to the features of the Second Demographic Transition, including declining overall fertility rates, increasing non-marital fertility, and the decline in marriage.
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Bibliographic InfoPaper provided by Ave Maria University, Department of Economics in its series Working Papers with number 1003.
Length: 47 pages
Date of creation: Nov 2010
Date of revision: May 2012
microeconomic theory; contraception; sex; marriage; divorce; cohabitation; fertility;
Find related papers by JEL classification:
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
- J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-11-27 (All new papers)
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