The Baby Boom and World War II: The Role of Labor Market Experience
AbstractThe past century has witnessed major changes in the economic choices of American women. Over the long term, there has been a marked trend towards lower fertility and higher female labor force participation. However, change did not occur in a uniform fashion: during the post-war Baby Boom, fertility rates increased substantially, until the long-term downward trend reestablished itself in the 1960s. Similarly, the labor market participation of younger women declined for a while during the same period. What can explain these reversals? In this paper, we propose a joint explanation for these changes through a single shock: the demand for female labor during World War II. Many of the women of the war generation continued to work after the war. We argue that this crowded out younger women from the labor market, who chose to have more children instead
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Bibliographic InfoPaper provided by Society for Economic Dynamics in its series 2006 Meeting Papers with number 216.
Date of creation: 03 Dec 2006
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Postal: Society for Economic Dynamics Christian Zimmermann Economic Research Federal Reserve Bank of St. Louis PO Box 442 St. Louis MO 63166-0442 USA
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fertility; female labor supply; baby boom;
Other versions of this item:
- Matthias Doepke & Moshe Hazan & Yishay D. Maoz, 2006. "The Baby Boom and World War II: The Role of Labor Market Experience," DEGIT Conference Papers c011_026, DEGIT, Dynamics, Economic Growth, and International Trade.
- J10 - Labor and Demographic Economics - - Demographic Economics - - - General
- J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
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