Abstract: | Decomposition of fertility into its age, period, and cohort components demonstrates the empirical importance of age and period. Of the two, less is known about the period dimension. A new measure of fertility, specific to race and birth order, is used to estimate the effects of annual change in unemployment, the marriage and unemployment rate, as well as annual change in contraceptive sterilization and change in the proportion of couples adopting the more effective (pill and IUD) methods introduced in the early 1960s, are all important determinants of fertility change, but their impact varies greatly by birth order. |