Orman, Cuneyt and Goksel, Turkmen and Gurdal, Mehmet Y (2011): The Baby Boom, Baby Busts, and Grandmothers.
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Studies in family economics and anthropology suggest that grandmothers are a highly valuable source of childcare assistance. As such, availability of grandmothers affects the cost of having children, and hence fertility decisions of young parents. In this paper, we develop a simple model to assess the fertility implications of the fluctuations in both output (as argued by demographers) and grandmother-availability induced child-care costs over the period 1920-1970. Model does a good job of mimicking the bust-boom-bust pattern during this period. When the child-care cost channel is shut down, the model’s performance weakens significantly; in particular, it fails to capture the bust in the 1960’s altogether.
|Item Type:||MPRA Paper|
|Original Title:||The Baby Boom, Baby Busts, and Grandmothers|
|English Title:||The Baby Boom, Baby Busts, and Grandmothers|
|Keywords:||fertility, baby boom, baby bust, female labor-force participation, grandmother availability|
|Subjects:||J - Labor and Demographic Economics > J1 - Demographic Economics > J13 - Fertility; Family Planning; Child Care; Children; Youth
J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J20 - General
|Depositing User:||Cuneyt Orman|
|Date Deposited:||13. Feb 2011 19:14|
|Last Modified:||12. Feb 2013 07:10|
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