Albanesi, Stefania; Olivetti, Claudia - In: Quantitative economics : QE ; journal of the … 5 (2014) 2, pp. 225-269
Fertility in the United States rose from a low of 2.27 children for women born in 1908 to a peak of 3.21 children for women born in 1932. It dropped to a new low of 1.74 children for women born in 1949, before stabilizing for subsequent cohorts. We propose a novel explanation for this...