An empirical test of the effect of social security on fertility in the United States.
The author attempts to estimate the effects of the social security program on fertility in the United States from 1933 to 1974.  A fertility model based on the choice theoretic calculus is presented, "with the distinguishing feature that the childbearing cohort's utility depends on own consumption as well as consumption of their retired parents.  In this framework, changes in social security affect household income, and thus fertility, directly, as well as indirectly due to substitution of social security for private intergenerational transfers."
Swidler
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D000569:Americas; D015331:Cohort Studies; D003710:Demography; D019049:Developed Countries; D003906:Developing Countries; D004467:Economics; D005191:Family Characteristics; D005298:Fertility; D005376:Financial Management; D005380:Financing, Government; D007182:Income; D018803:Models, Economic; D008962:Models, Theoretical; D009656:North America; D009826:Old Age Assistance; D011153:Population; D011157:Population Dynamics; D012943:Social Security; D012959:Socioeconomic Factors; D014481:United States
Americas; Cohort Analysis; Consumption; Demographic Factors; Developed Countries; Developing Countries; Economic Factors; Economic Model; Family And Household; Family Characteristics; Fertility; Financial Activities; Financing, Government; Household Consumption; Income; Intergenerational Transfers; Macroeconomic Factors; Mathematical Model; Microeconomic Factors; Models, Theoretical; North America; Northern America; Old Age Security; Population; Population Dynamics; Social Security; Socioeconomic Factors; United States