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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w13707 |
来源ID | Working Paper 13707 |
The Baby Boom and World War II: A Macroeconomic Analysis | |
Matthias Doepke; Moshe Hazan; Yishay Maoz | |
发表日期 | 2007-12-28 |
出版年 | 2007 |
语种 | 英语 |
摘要 | We argue that one major cause of the U.S. postwar baby boom was the rise in female labor supply 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 impact of the war on female labor supply and fertility in the decades following the war. For the war generation of women, the high demand for female labor brought about by mobilization leads to an increase in labor supply that persists after the war. As a result, younger women who reach adulthood in the 1950s face increased labor market competition, which impels them to exit the labor market and start having children earlier. The effect is amplified by the rise in taxes necessary to pay down wartime government debt. In our calibrated model, the war generates a substantial baby boom followed by a baby bust. |
主题 | Microeconomics ; General Equilibrium ; Macroeconomics ; Consumption and Investment ; Labor Economics ; Demography and Aging ; Labor Supply and Demand |
URL | https://www.nber.org/papers/w13707 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571383 |
推荐引用方式 GB/T 7714 | Matthias Doepke,Moshe Hazan,Yishay Maoz. The Baby Boom and World War II: A Macroeconomic Analysis. 2007. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w13707.pdf(680KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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