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University of Pennsylvania

Fertility

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Essays On The Macroeconomics Of Labor Markets, Sergiy Stetsenko May 2010

Essays On The Macroeconomics Of Labor Markets, Sergiy Stetsenko

Publicly Accessible Penn Dissertations

This dissertation consists of two essays studying macroeconomics questions about labor markets. The research in this document is separated into chapters that study distinct features of aggregate labor market outcomes.

The first essay documents the change in behavior of fertility rate at business cycle frequencies in the United States between the 1970s and 1990s and shows how the cyclical and secular properties of fertility can be used to distinguish among several proposed theories that account for the rise in labor force participation of married mothers. The model, in which households make fertility, female labor force participation and asset accumulation decisions ...