The Easterlin Hypothesis

Cédric Doliger
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Cédric Doliger: BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique, LAMETA - Laboratoire Montpelliérain d'Économie Théorique et Appliquée - UM1 - Université Montpellier 1 - UPVM - Université Paul-Valéry - Montpellier 3 - INRA - Institut National de la Recherche Agronomique - Montpellier SupAgro - Centre international d'études supérieures en sciences agronomiques - UM - Université de Montpellier - CNRS - Centre National de la Recherche Scientifique - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier

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Abstract: Easterlin formulates one of the most popular fertility theories. He supports that fertility follows some regular cycles, with large birth cohorts producing small cohorts, and vice versa. There are two complementary aspects in this theory: the effect of the relative number of the young adults (relative cohort size), and the effect of the wages and unemployment (relative income); the second one being a subjacent mechanism to the first one. Thus, individuals from a large cohort face up to the deterioration of their standard of living relative to their parents. They will make then adjustments to preserve the comparative positions and therefore their material aspirations, particularly adjustments in family life such as the decline in fertility.

Keywords: Cohort analysis; Fertility; Demographic factors; Income; Young adult; Population development; Family; Unemployment (search for similar items in EconPapers)
Date: 2004
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Published in Historical Social Research / Historische Sozialforschung, 2004, 29 (3), pp.205-212. ⟨10.12759/hsr.29.2004.3.205-212⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00278624

DOI: 10.12759/hsr.29.2004.3.205-212

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