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Production Structure, Household Time Allocation, and Fertility

  • Masako Kimura

    ()

    (Institute of Economic Research, Kyoto University)

  • Daishin Yasui

    ()

    (Graduate School of Economics, Kyoto University)

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://www.kier.kyoto-u.ac.jp/DP/DP684.pdf
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Paper provided by Kyoto University, Institute of Economic Research in its series KIER Working Papers with number 684.

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Length: 38pages
Date of creation: Nov 2009
Date of revision:
Handle: RePEc:kyo:wpaper:684
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  1. Galor, Oded, 2004. "From Stagnation to Growth: Unified Growth Theory," CEPR Discussion Papers 4581, C.E.P.R. Discussion Papers.
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  17. Goldin, Claudia, 1992. "Understanding the Gender Gap: An Economic History of American Women," OUP Catalogue, Oxford University Press, number 9780195072709, June.
  18. Claudia Goldin, 1999. "A Brief History of Education in the United States," NBER Historical Working Papers 0119, National Bureau of Economic Research, Inc.
  19. 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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