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Production Structure, Household Time Allocation, and Fertility

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  • Masako Kimura

    (Institute of Economic Research, Kyoto University)

  • Daishin Yasui

    (Graduate School of Economics, Kyoto University)

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    Abstract

    This paper develops an overlapping generations model that incorporates two-sector (market and non-market) production, sexual difference, and fertility choice. Our model could explain the joint evolution of production structure, household time allocation, and fertility broadly observed in the 19th and 20th centuries in the Western world as part of a single process of economic development: (i) production has shifted out of households and into the market, (ii) males first increased their labor supply to the market, and then females increased it; married-female participation in wage work outside the home dramatically increased in the latter half of the 20th century, and (iii) there has been the secular decline in fertility over the last 200 years, but there was the temporary rise in the middle of the 20th century (inverted N-shaped fertility dynamics). We also provide the quantitative analysis and examine how well our model replicates the patterns observed in U.S.data.

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    File URL: http://ies.keio.ac.jp/old_project/old/gcoe-econbus/pdf/dp/DP2009-013.pdf
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    Bibliographic Info

    Paper provided by Keio/Kyoto Joint Global COE Program in its series Keio/Kyoto Joint Global COE Discussion Paper Series with number 2009-013.

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    Length: 37 pages
    Date of creation: 2009
    Date of revision:
    Handle: RePEc:kei:dpaper:2009-013

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    Web page: http://ies.keio.ac.jp/old_project/old/gcoe-econbus/
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    1. Jeremy Greenwood & Ananth Seshadri, 2002. "The U.S. Demographic Transition," American Economic Review, American Economic Association, vol. 92(2), pages 153-159, May.
    2. Claudia Goldin, 1999. "A Brief History of Education in the United States," NBER Historical Working Papers 0119, National Bureau of Economic Research, Inc.
    3. David de la Croix & Matthias Doepke, 2003. "Inequality and Growth: Why Differential Fertility Matters," American Economic Review, American Economic Association, vol. 93(4), pages 1091-1113, September.
    4. Galor, Oded & Weil, David, 1995. "The Gender Gap, Fertility and Growth," CEPR Discussion Papers 1157, C.E.P.R. Discussion Papers.
    5. Jeremy Greenwood & Ananth Seshadri & Mehmet Yorukoglu, 2005. "Engines of Liberation," Review of Economic Studies, Oxford University Press, vol. 72(1), pages 109-133.
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    7. Jeremy Greenwood & Ananth Seshadri & Guillaume Vandenbroucke, 2002. "The Baby Boom and Baby Bust," Economie d'Avant Garde Research Reports 1, Economie d'Avant Garde.
    8. Greenwood, Jeremy & Hercowitz, Zvi, 1991. "The Allocation of Capital and Time over the Business Cycle," Journal of Political Economy, University of Chicago Press, vol. 99(6), pages 1188-214, December.
    9. Stephen L. Parente & Richard Rogerson & Randall Wright, 2000. "Homework in Development Economics: Household Production and the Wealth of Nations," Journal of Political Economy, University of Chicago Press, vol. 108(4), pages 680-687, August.
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    11. Doepke, Matthias & Hazan, Moshe & Maoz, Yishay D., 2007. "The Baby Boom and World War II: A Macroeconomic Analysis," IZA Discussion Papers 3253, Institute for the Study of Labor (IZA).
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    14. Goldin, Claudia, 1992. "Understanding the Gender Gap: An Economic History of American Women," OUP Catalogue, Oxford University Press, number 9780195072709.
    15. Oded Galor, 2004. "From Stagnation to Growth: Unified Growth Theory," GE, Growth, Math methods 0409003, EconWPA.
    16. William Lord & Peter Rangazas, 2006. "Fertility and development: the roles of schooling and family production," Journal of Economic Growth, Springer, vol. 11(3), pages 229-261, September.
    17. Bruno L. S. Falcao & Rodrigo R. Soares, 2007. "The Demographic Transition and the Sexual Division of Labor," NBER Working Papers 12838, National Bureau of Economic Research, Inc.
    18. Matthias Doepke, 2004. "Accounting for Fertility Decline During the Transition to Growth," Journal of Economic Growth, Springer, vol. 9(3), pages 347-383, 09.
    19. Kristin Mammen & Christina Paxson, 2000. "Women's Work and Economic Development," Journal of Economic Perspectives, American Economic Association, vol. 14(4), pages 141-164, Fall.
    20. Karine S. Moe, 1998. "Fertility, Time Use, and Economic Development," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(3), pages 699-718, July.
    21. Chesnais, Jean-Claude, 1992. "The Demographic Transition: Stages, Patterns, and Economic Implications," OUP Catalogue, Oxford University Press, number 9780198286592.
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