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Do Highly Educated Women Choose Smaller Families?
Hazan, Moshe; Zoabi, Hosny - C.E.P.R. Discussion Papers - 2011
Conventional wisdom suggests that in developed countries income and fertility are negatively correlated. We present new … evidence that between 2001 and 2009 the cross-sectional relationship between fertility and women's education in the U.S. is U … explaining the positive correlation between fertility and female labor supply along the educational gradient. In our model …
Persistent link: https://www.econbiz.de/10009321836
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Maternal Health and the Baby Boom
Albanesi, Stefania; Olivetti, Claudia - C.E.P.R. Discussion Papers - 2010
Abstract U.S. fertility rose from a low of 2.27 children for women born in 1908 to a peak of 3.21 children for women … baby boom and generated a rise in women's human capital, ultimately leading to a decline in desired fertility for … associated with a rise in fertility for women born between 1921 and 1940, with a rise in college and high school graduation rates …
Persistent link: https://www.econbiz.de/10008554218
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Unemployment in an Estimated New Keynesian Model
Galí, Jordi; Smets, Frank; Wouters, Rafael - C.E.P.R. Discussion Papers - 2011
We reformulate the Smets-Wouters (2007) framework by embedding the theory of unemployment proposed in Galí (2011a,b). We estimate the resulting model using postwar U.S. data, while treating the unemployment rate as an additional observable variable. Our approach overcomes the lack of...
Persistent link: https://www.econbiz.de/10009024487
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Structural Reforms and the Macroeconomy: The Role of General Equilibrium Effects
Gersbach, Hans - C.E.P.R. Discussion Papers - 2003
We examine the macroeconomic consequences of industry wage-bargaining and product market reforms. We suggest that general equilibrium effects may be important for the evaluation of industry-specific regulations. In particular, we suggest that the European unemployment problem can be traced back...
Persistent link: https://www.econbiz.de/10005788996
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New Developments in Models of Search in the Labour Market
Mortensen, Dale T; Pissarides, Christopher - C.E.P.R. Discussion Papers - 1999
This paper surveys recent work in equilibrium models of labor markets characterized by search and recruitment frictions and by the need to reallocate workers across productive activities. The duration of unemployment and jobs and wage determination are treated as endogenous outcomes of job...
Persistent link: https://www.econbiz.de/10005497772
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Awareness of General Equilibrium Effects and Unemployment
Gersbach, Hans; Schniewind, Achim - C.E.P.R. Discussion Papers - 2005
We examine wage bargaining in a two-sector economy when the employers and labour unions in each sector are not always aware of all the general equilibrium feedback effects. We show analytically that if agents only consider labour demand effects, low real wages and low unemployment are the...
Persistent link: https://www.econbiz.de/10005662391
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The Consumption-Tightness Puzzle
Ravn, Morten O - C.E.P.R. Discussion Papers - 2006
This paper introduces a labour force participation choice into a standard labour market matching model embedded in a dynamic stochastic general equilibrium set-up. The participation choice is modelled as a trade-off between forgoing the expected benefits of being search active and engaging in...
Persistent link: https://www.econbiz.de/10005667092
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Hidden consequences of a first-born boy for mothers
Ichino, Andrea; Lindström, Elly-Ann; Viviano, Eliana - C.E.P.R. Discussion Papers - 2011
children increases. In these advanced economies the negative impact on fertility deriving from the fact that fewer pregnancies … are needed to get a boy is more than compensated by the positive effect on fertility deriving from the greater stability …
Persistent link: https://www.econbiz.de/10009003385
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Genes, Legitimacy and Hypergamy: Another Look at the Economics of Marriage
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2008
In order to credibly "sell" legitimate children to their spouse, women must forego more attractive mating opportunities. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of human capital accumulation, and the evolution of the...
Persistent link: https://www.econbiz.de/10005123619
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Gender Roles and Technological Progress
Albanesi, Stefania; Olivetti, Claudia - C.E.P.R. Discussion Papers - 2007
Until the early decades of the 20th century, women spent more than 60% of their prime-age years either pregnant or nursing. Since then, the introduction of infant formula reduced women's comparative advantage in infant care, by providing an effective breast milk substitute. In addition, improved...
Persistent link: https://www.econbiz.de/10005666426