The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Fertility in Developed Countries

  • Alicia Adsera
Reference work entry


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.


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 

JEL Classification

A1 B5 
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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Alicia Adsera
    • 1
  1. 1.