abstract: 'This study documents and explains important changes in the life-cycle

  labor supply and fertility behavior of married women in the United

  States from the 1950s to more recent cohorts. The younger cohorts,

  relative to the 1950s, supply more labor at earlier stages of the

  life-cycle, delay motherhood to later stages without reducing the

  fertility rate, and upon childbearing, show a greater tendency to stay

  out of the labor force. In a life-cycle model for married couples in

  which a household makes decisions on fertility as well as labor supply,

  consumption, and savings, all the behavioral changes are jointly and

  quantitatively explained by a combination of changes in various labor

  supply/fertility determinants, with the increased returns (penalties) to

  work (non-work) experience being the dominant contributor. The results

  survive a series of robustness tests, including endogenizing education

  choice and assortative marriage. (C) 2017 Elsevier B.V. All rights

  reserved.'
affiliation: 'Park, S (Corresponding Author), Univ Delaware, Alfred Lerner Coll Business
  \& Econ, Dept Econ, 413 Purnell Hall, Newark, DE 19716 USA.

  Park, Seonyoung, Univ Delaware, Alfred Lerner Coll Business \& Econ, Dept Econ,
  413 Purnell Hall, Newark, DE 19716 USA.'
author: Park, Seonyoung
author-email: ypark@udel.edu
author_list:
- family: Park
  given: Seonyoung
da: '2023-09-28'
doi: 10.1016/j.euroecorev.2017.11.006
eissn: 1873-572X
files: []
issn: 0014-2921
journal: EUROPEAN ECONOMIC REVIEW
keywords: Cohort; Fertility; Labor Supply; Recent Decline; Returns to Experience
keywords-plus: 'FORCE PARTICIPATION; WAGE INEQUALITY; GENDER-GAP; CHILD-CARE; TIME
  WORK;

  PART-TIME; MODEL; TRENDS; FAMILY; EXPERIENCE'
language: English
month: FEB
number-of-cited-references: '47'
pages: 129-168
papis_id: 1eb594bf98e89d16bb14eef8d60489ca
ref: Park2018structuralexplanatio
times-cited: '4'
title: A structural explanation of recent changes in life-cycle labor supply and fertility
  behavior of married women in the United States
type: article
unique-id: WOS:000426021600007
usage-count-last-180-days: '4'
usage-count-since-2013: '35'
volume: '102'
web-of-science-categories: Economics
year: '2018'