Yishay Maoz, Matthias Doepke, Moshe Hazan, 08 September 2008

Europe faces a fertility crisis, but not for the first time. The 1930s saw a similar situation but fertility recovered in the 1950s. This column assesses the historical lessons. The news is not good. Recent research shows that the post-war baby boom happened because young women were denied opportunities in the labour market due to discrimination and competition with older women who acquired job experience during the war.

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