Abstract
AbstractA key question for the explanation of fertility trends in advanced societies is whether, in addition to age, period- rather than cohort-related factors matter. In this paper, we analyze a standard set of age-specific fertility rates – from the Human Fertility Database – on the United States between 1933 and 2015. More specifically, we describe and apply an Age-Period-Cohort (APC) modeling approach that relies on second differences as identifiable parameters. Results of our APC analyses tend to be consistent with an interpretation that gives a greater weight to period effects over shorter time horizons, with a significant presence of smooth cohort effects over the longer term.
Funder
H2020 European Research Council
Università Commerciale Luigi Bocconi
Publisher
Springer Science and Business Media LLC
Subject
General Social Sciences,Statistics and Probability