Doepke, Matthias; Hazan, Moshe; Maoz, Yishay David - Institute for the Study of Labor (IZA) - 2007
We argue that one major cause of the U.S. postwar baby boom was the increased demand for female labor during World War II. We develop a quantitative dynamic general equilibrium model with endogenous fertility and female labor-force participation decisions. We use the model to assess the...