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Measurement Without Theory: A Response to Bailey and Collins

Author

Listed:
  • Jeremy Greenwood

    (University of Pennsylvania)

  • Ananth Seshadri

    (University of Wisconsin)

  • Guillaume Vandenbroucke

    () (University of Iowa)

Abstract

Bailey and Collins (forth.) argue that Greenwood, Seshadri and Vandenbroucke (2005)'s hypothesis that the baby boom was partly due to a burst of productivity in the household sector is not supported by evidence. This conclusion is based upon regression results showing that appliance ownership is negatively correlated with fertility. They also argue that the Amish, who limit the use of modern technology, had a baby boom. First, it is demonstrated that a negative correlation between appliance ownership and fertility can arise naturally in Greenwood et al.'s model. Second, evidence is presented casting doubt upon the presumed technological phobia of the Amish.

Suggested Citation

  • Jeremy Greenwood & Ananth Seshadri & Guillaume Vandenbroucke, 2011. "Measurement Without Theory: A Response to Bailey and Collins," RCER Working Papers 561, University of Rochester - Center for Economic Research (RCER).
  • Handle: RePEc:roc:rocher:561
    as

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    File URL: http://rcer.econ.rochester.edu/RCERPAPERS/rcer_561.pdf
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    References listed on IDEAS

    as
    1. Larry E. Jones & Michele Tertilt, 2006. "An Economic History of Fertility in the U.S.: 1826-1960," NBER Working Papers 12796, National Bureau of Economic Research, Inc.
    2. Larry Jones & Alice Schoonbrodt, 2016. "Baby Busts and Baby Booms: The Fertility Response to Shocks in Dynastic Models," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 157-178, October.
    3. Jeremy Greenwood & Ananth Seshadri & Guillaume Vandenbroucke, 2005. "The Baby Boom and Baby Bust," American Economic Review, American Economic Association, pages 183-207.
    4. Urban J. Jermann & Marianne Baxter, 1999. "Household Production and the Excess Sensitivity of Consumption to Current Income," American Economic Review, American Economic Association, pages 902-920.
    5. Schoonbroodt, Alice & Jones, Larry, 2007. "Baby busts and baby booms: the fertility response to shocks in dynastic models," Discussion Paper Series In Economics And Econometrics 0706, Economics Division, School of Social Sciences, University of Southampton.
    6. Stefania Albanesi & Claudia Olivetti, 2014. "Maternal health and the baby boom," Quantitative Economics, Econometric Society, vol. 5, pages 225-269, July.
    7. Matthias Doepke & Moshe Hazan & Yishay D. Maoz, 2015. "The Baby Boom and World War II: A Macroeconomic Analysis," Review of Economic Studies, Oxford University Press, pages 1031-1073.
    8. Jeremy Greenwood & Ananth Seshadri & Guillaume Vandenbroucke, 2005. "The Baby Boom and Baby Bust," American Economic Review, American Economic Association, pages 183-207.
    9. Larry Jones & Alice Schoonbrodt, 2016. "Baby Busts and Baby Booms: The Fertility Response to Shocks in Dynastic Models," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 157-178, October.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Amish; appliances; baby boom; Bailey and Collins; fertility; model laboratory; Monte Carlo simulations; regressions;

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