Birth quake : the baby boom and its aftershocks / Diane J. Macunovich.

Format:

Book

Author/Creator:

Macunovich, Diane J.

Series:

Population and development (Chicago, Ill.)

Population and development

Language:

English

Subjects (All):

Overpopulation--History--20th century.

Overpopulation.

United States--Population--History--20th century.

United States.

United States--Economic conditions--1945-.

Physical Description:

1 online resource (330 p.)

Edition:

1st ed.

Place of Publication:

Chicago : University of Chicago Press, 2002.

Language Note:

English

Summary:

Between 1965 and 1985, the Western world and the United States in particular experienced a staggering amount of social and economic change. In Birth Quake, Diane J. Macunovich argues that the common thread underlying all these changes was the post-World War II baby boom-in particular, the passage of the baby boomers into young adulthood. Macunovich focuses on the pervasive effects of changes in "relative cohort size," the ratio of young to middle-aged adults, as masses of young people tried to achieve the standard of living to which they had become accustomed in their parents' homes despite dramatic reductions in their earning potential relative to that of their parents. Macunovich presents the results of detailed empirical analyses that illustrate how varied and important cohort effects can be on a wide range of economic indicators, social factors, and even on more tumultuous events including the stock market crash of 1929, the "oil shock" of 1973, and the "Asian flu" of the 1990's. Birth Quake demonstrates that no discussion of business or economic trends can afford to ignore the effects of population.

Contents:

Front matter

Contents

Preface

Acknowledgments

Overview: The Birth Quake and Its Aftershocks

PART 1. Defining Concepts and Terms

PART 2. First-Order Effects of Changing Relative Cohort Size

PART 3. Second-Order Effects of Changing Relative Cohort Size

PART 4. Third-Order Effects of Relative Cohort Size

Appendix A: Expectations in the Williams College Class of 1999

Appendix B: Data for Figure 4.1

Notes

References

Author Index

Subject Index

Notes:

Description based upon print version of record.

Includes bibliographical references (p. 283-296) and indexes.

ISBN:

9786612537219

9781282537217

1282537210

9780226500928

0226500926

OCLC:

593274155