After roughly 10 years of decline, the U.S. fertility rate reached a historic low in 2017. However, aggregate trends in fertility mask substantial heterogeneity across different demographic groups. Young women and unmarried women have seen the largest declines in fertility in recent years while...

After roughly 10 years of decline, the U.S. fertility rate reached a historic low in 2017. However, aggregate trends in fertility mask substantial heterogeneity across different demographic groups. Young women and unmarried women have seen the largest declines in fertility in recent years while...

Many papers show that aggregate fertility is pro-cyclical over the business cycle. In this paper we do something else: using data on more than 100 million births and focusing on within-year changes in fertility, we show that for recent recessions in the United States, the growth rate for...

Many papers show that aggregate fertility is pro-cyclical over the business cycle. In this paper we do something else: using data on more than 100 million births and focusing on within-year changes in fertility, we show that for recent recessions in the United States, the growth rate for...

Many papers show that aggregate fertility is pro-cyclical over the business cycle. In this paper we do something else: using data on more than 100 million births and focusing on within-year changes in fertility, we show that for recent recessions in the United States, the growth rate for...