Abstract
This study investigates the determinants of the fertility transition in the United States from 1850 to the end of the 20th century. We find a robust negative relation between years of schooling and fertility. The magnitude of our baseline estimate suggests that the rise in schooling accounts for about 60% of the US fertility decline. In contrast, we find no evidence of a robust relation between income per capita and fertility. This pattern corroborates theories stressing the importance of human capital investments in generating a transition from high to low fertility.
Original language | Danish |
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Journal | Macroeconomic Dynamics |
Volume | 22 |
Issue number | 6 |
Pages (from-to) | 1584-1612 |
ISSN | 1365-1005 |
DOIs | |
Publication status | Published - 1 Sept 2018 |
Keywords
- Faculty of Social Sciences
- Fertility Transition
- Schooling
- Income
- US States