Jump to ContentJump to Main Navigation
Birth QuakeThe Baby Boom and Its Aftershocks$
Users without a subscription are not able to see the full content.

Diane J. Macunovich

Print publication date: 2002

Print ISBN-13: 9780226500836

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226500928.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 29 May 2020

Conclusion

Conclusion

Chapter:
(p.243) 16 Conclusion
Source:
Birth Quake
Author(s):

Diane J. Macunovich

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226500928.003.0017

This chapter characterizes the socioeconomic effects of changing demographics. Fertility rates may be declining slowly over the years because women move into careers and children become more expensive. Women's college enrollment and labor force participation rates must certainly have been on a slow upward trend since WWII. There are strong effects of cohort size on the wage structure at all ages. Marriage and fertility rates drop sharply, along with aggregate consumption demand in an economy bereft of the needed stimulus provided by young adults setting up new households on their own. The periods of decline in the proportion aged 15–24 coincide with eras of slow economic growth, while the periods prior to 1929, between 1954 and 1974, and since 1994 have all been characterized by growth in both spheres. The monetary and fiscal policies and controls have played a significant role in buffering shocks in recent years.

Keywords:   fertility, women, college enrollment, labor force participation, cohort size, wage, marriage, economic growth

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.