fertility in developed countries
From The New Palgrave Dictionary of Economics, Second Edition, 2008
Edited by
Steven
N.
Durlauf
and
Lawrence
E.
Blume
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Abstract
After completing the first demographic transition, developed countries experienced a fertility boom in the post-Second World War period. However, after the 1960s fertility rates fell dramatically and now, in 2007, stand below the replacement level of 2.1 births per woman in most of these countries. The entry of women into the workforce, economic development and changes in values and secularization are the causes of this demographic transformation.
Keywords
capital intensity; child care; demographic transition; family planning; fertility in developed countries; household production; infant mortality; labour market institutions; labour supply; second demographic transition; unemployment; wage differentials; welfare state; women's work and wages
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How to cite this article
Adsera, Alicia. "fertility in developed countries." The New Palgrave Dictionary of Economics. Second Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2008. The New Palgrave Dictionary of Economics Online. Palgrave Macmillan. 23 May 2013 <http://www.dictionaryofeconomics.com/article?id=pde2008_F000289> doi:10.1057/9780230226203.0559

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