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Baby Busts and Baby Booms: The Fertility Response to Shocks in Dynastic Models

  • Alice Schoonbroodt

    (University of Southampton)

  • Larry E. Jones

    (University of Minnesota)

captures between 48 and 93 percent of the post-WWII baby boom.

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File URL: https://economicdynamics.org/meetpapers/2010/paper_144.pdf
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Paper provided by Society for Economic Dynamics in its series 2010 Meeting Papers with number 144.

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Date of creation: 2010
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Handle: RePEc:red:sed010:144
Contact details of provider: Postal:
Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA

Web page: http://www.EconomicDynamics.org/
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  1. Audrey Light & Kathleen McGarry, 2003. "Why Parents Play Favorites: Explanations for Unequal Bequests," Working Papers 03-01, Ohio State University, Department of Economics.
  2. Dario Caldara & Jesus Fernandez-Villaverde & Juan Rubio-Ramirez & Wen Yao, 2012. "Computing DSGE Models with Recursive Preferences and Stochastic Volatility," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(2), pages 188-206, April.
  3. Ronald Lee, 1974. "The formal dynamics of controlled populations and the echo, the boom and the bust," Demography, Springer;Population Association of America (PAA), vol. 11(4), pages 563-585, November.
  4. Michael R. Haines, 1994. "The Population of the United States, 1790-1920," NBER Historical Working Papers 0056, National Bureau of Economic Research, Inc.
  5. Feichtinger, Gustav & Dockner, Englebert J, 1990. "Capital Accumulation, Endogenous Population Growth, and Easterlin Cycles," Journal of Population Economics, Springer;European Society for Population Economics, vol. 3(2), pages 73-87, August.
  6. Kydland, Finn E & Prescott, Edward C, 1982. "Time to Build and Aggregate Fluctuations," Econometrica, Econometric Society, vol. 50(6), pages 1345-70, November.
  7. Cette, G. & Kocoglu, Y. & Mairesse, J., 2010. "Productivity Growth and Levels in France, Japan, the United Kingdom and the United States in the Twentieth Century," Working papers 271, Banque de France.
  8. Claudia Olivetti & Stefania Albanesi, 2010. "Maternal Health and the Baby Boom," 2010 Meeting Papers 85, Society for Economic Dynamics.
  9. Andolfatto, David & Gervais, Martin, 2008. "Endogenous debt constraints in a life-cycle model with an application to social security," Journal of Economic Dynamics and Control, Elsevier, vol. 32(12), pages 3745-3759, December.
  10. JohnKarl Scholz & Ananth Seshadri, 2007. "Children and Household Wealth," Working Papers wp158, University of Michigan, Michigan Retirement Research Center.
  11. Rodolfo E. Manuelli & Ananth Seshadri, 2009. "Explaining International Fertility Differences," The Quarterly Journal of Economics, Oxford University Press, vol. 124(2), pages 771-807.
  12. Schoonbroodt, Alice & Tertilt, Michele, 2010. "Property rights and efficiency in OLG models with endogenous fertility," Discussion Paper Series In Economics And Econometrics 1020, Economics Division, School of Social Sciences, University of Southampton.
  13. repec:fth:sotoec:0031 is not listed on IDEAS
  14. Altonji, Joseph G & Hayashi, Fumio & Kotlikoff, Laurence J, 1997. "Parental Altruism and Inter Vivos Transfers: Theory and Evidence," Journal of Political Economy, University of Chicago Press, vol. 105(6), pages 1121-66, December.
  15. Xavier Mateos-Planas, 2002. "The Demographic Transition in Europe: A Neoclassical Dynastic Approach," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(3), pages 646-680, July.
  16. Kopczuk, Wojciech & Saez, Emmanuel, 2004. "Top Wealth Shares in the United States, 1916-2000: Evidence from Estate Tax Returns," National Tax Journal, National Tax Association, vol. 57(2), pages 445-87, June.
  17. Robert J. Barro & Gary S. Becker, . "Fertility Choice in a Model of Economic Growth," University of Chicago - Population Research Center 88-8, Chicago - Population Research Center.
  18. Elizabeth M. Caucutt & Nezih Guner & John Knowles, 2002. "Why Do Women Wait? Matching, Wage Inequality, and the Incentives for Fertility Delay," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(4), pages 815-855, October.
  19. Matthias Doepke & Moshe Hazan & Yishay D. Maoz, 2008. "The Baby Boom and World War II: A Macroeconomic Analysis," IEW - Working Papers 355, Institute for Empirical Research in Economics - University of Zurich.
  20. Huggett, Mark, 1996. "Wealth distribution in life-cycle economies," Journal of Monetary Economics, Elsevier, vol. 38(3), pages 469-494, December.
  21. Fernando Alvarez, 1999. "Social Mobility: The Barro-Becker Children Meet the Laitner-Loury Dynasties," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 2(1), pages 65-103, January.
  22. Brock, William A. & Mirman, Leonard J., 1972. "Optimal economic growth and uncertainty: The discounted case," Journal of Economic Theory, Elsevier, vol. 4(3), pages 479-513, June.
  23. Jeremy Greenwood & Ananth Seshadri & Guillaume Vandenbroucke, 2002. "The Baby Boom and Baby Bust," Economie d'Avant Garde Research Reports 1, Economie d'Avant Garde.
  24. Guillaume Vandenbroucke, 2014. "Fertility and Wars: The Case of World War I in France," American Economic Journal: Macroeconomics, American Economic Association, vol. 6(2), pages 108-36, April.
  25. Diane J. Macunovich, 1998. "Fertility and the Easterlin hypothesis: An assessment of the literature," Journal of Population Economics, Springer;European Society for Population Economics, vol. 11(1), pages 53-111.
  26. Larry E. Jones & Alice Schoonbroodt, 2007. "Complements versus Substitutes and Trends in Fertility Choice in Dynastic Models," NBER Working Papers 13680, National Bureau of Economic Research, Inc.
  27. Jones, Larry E & Manuelli, Rodolfo E, 1990. "A Convex Model of Equilibrium Growth: Theory and Policy Implications," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 1008-38, October.
  28. Feichtinger, Gustav & Sorger, Gerhard, 1989. "Self-Generated Fertility Waves in a Non-linear Continuous Overlapping Generations Model," Journal of Population Economics, Springer;European Society for Population Economics, vol. 2(4), pages 267-80.
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