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The Path of US Fertility: Micro Decisions with Macro Consequences

In: Family Economics and Public Policy, 1800s–Present

Author

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  • Megan McDonald Way

    (Babson College)

Abstract

This chapter describes fertility levels and immigration patterns since the 1800s. It looks at the evolution of fertility rates across racial and ethnic lines. The chapter provides economic explanations for fertility declines and increases, and outlines an economic model of the demand for children. Policies since the 1800s that have affected fertility including the extension and protection of childhood, contraception and abortion laws, and immigration policy are discussed. The potential macroeconomic consequences of below replacement-level fertility are described. The chapter suggests policies that could increase the demand for children including paid parental leave, universal childcare, college subsidies, stronger gender equity legislation, subsidies for onsite day care, and afterschool programs.

Suggested Citation

  • Megan McDonald Way, 2018. "The Path of US Fertility: Micro Decisions with Macro Consequences," Palgrave Studies in American Economic History, in: Family Economics and Public Policy, 1800s–Present, chapter 0, pages 45-87, Palgrave Macmillan.
    • Handle: RePEc:pal:psichp:978-1-137-43963-5_3
    DOI: 10.1057/978-1-137-43963-5_3
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