LEADER 03634nam 2200661Ia 450 001 9910456841703321 005 20200520144314.0 010 $a1-282-53721-0 010 $a9786612537219 010 $a0-226-50092-6 024 7 $a10.7208/9780226500928 035 $a(CKB)2550000000007460 035 $a(EBL)485973 035 $a(OCoLC)593274155 035 $a(SSID)ssj0000335255 035 $a(PQKBManifestationID)11241421 035 $a(PQKBTitleCode)TC0000335255 035 $a(PQKBWorkID)10272442 035 $a(PQKB)10341718 035 $a(StDuBDS)EDZ0000115737 035 $a(MiAaPQ)EBC485973 035 $a(DE-B1597)523870 035 $a(OCoLC)1135585777 035 $a(DE-B1597)9780226500928 035 $a(Au-PeEL)EBL485973 035 $a(CaPaEBR)ebr10366788 035 $a(CaONFJC)MIL253721 035 $a(EXLCZ)992550000000007460 100 $a20011030d2002 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aBirth quake$b[electronic resource] $ethe baby boom and its aftershocks /$fDiane J. Macunovich 210 $aChicago $cUniversity of Chicago Press$d2002 215 $a1 online resource (330 p.) 225 1 $aPopulation and development 300 $aDescription based upon print version of record. 311 $a0-226-50083-7 320 $aIncludes bibliographical references (p. 283-296) and indexes. 327 $tFront matter --$tContents --$tPreface --$tAcknowledgments --$tOverview: The Birth Quake and Its Aftershocks --$tPART 1. Defining Concepts and Terms --$tPART 2. First-Order Effects of Changing Relative Cohort Size --$tPART 3. Second-Order Effects of Changing Relative Cohort Size --$tPART 4. Third-Order Effects of Relative Cohort Size --$tAppendix A: Expectations in the Williams College Class of 1999 --$tAppendix B: Data for Figure 4.1 --$tNotes --$tReferences --$tAuthor Index --$tSubject Index 330 $aBetween 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. 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