1.

Record Nr.

UNINA9910781068203321

Autore

Macunovich Diane J

Titolo

Birth quake [[electronic resource] ] : the baby boom and its aftershocks / / Diane J. Macunovich

Pubbl/distr/stampa

Chicago, : University of Chicago Press, 2002

ISBN

1-282-53721-0

9786612537219

0-226-50092-6

Descrizione fisica

1 online resource (330 p.)

Collana

Population and development

Disciplina

304.62

Soggetti

Overpopulation - History - 20th century

United States Population History 20th century

United States Economic conditions 1945-

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

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

Nota di contenuto

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

Sommario/riassunto

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.