Abstract
After completing the first demographic transition, developed countries experienced a fertility boom in the post-Second World War period. However, after the 1960s fertility rates fell dramatically and now, in 2007, stand below the replacement level of 2.1 births per woman in most of these countries. The entry of women into the workforce, economic development and changes in values and secularization are the causes of this demographic transformation.
| Original language | English (US) |
|---|---|
| Title of host publication | The New Palgrave Dictionary of Economics, Third Edition |
| Publisher | Palgrave Macmillan |
| Pages | 4528-4534 |
| Number of pages | 7 |
| ISBN (Electronic) | 9781349951895 |
| ISBN (Print) | 9781349951888 |
| DOIs | |
| State | Published - Jan 1 2018 |
All Science Journal Classification (ASJC) codes
- General Economics, Econometrics and Finance
- General Business, Management and Accounting
Keywords
- Capital intensity
- Child care
- Demographic transition
- Family planning
- Fertility in developed countries
- Household production
- Infant mortality
- Labour market institutions
- Labour supply
- Second demographic transition
- Unemployment
- Wage differentials
- Welfare state
- Women’s work and wages