Tag: fertility decline

Smiling man pouring friends wine during a dinner party

Abstract Today, 25 percent of all caregivers of elderly are adult children.  However, while the parents of the Baby Boom generation had three children per household on average, the Boomers themselves only have two.  This project uses the Health and Retirement Study to assess how the number of children a person has affects the demand…

Paul Ryan with his family on a balcony in Washington DC

Fertility patterns are still unclear and the U.S. lacks adequate child care. House Speaker Paul D. Ryan has urged women to have more babies for the good of the nation.  He argues that births are at record low levels and that more kids would improve economic growth and ease the burden of Social Security and…