The Impacts of Economic Conditions on Total Fertility Rate in Denmark from 1956 to 2008
Abstract: This paper tries to connect economic development and total fertility rate together and used two VAR model with the optimal lag respectively to analyze the impacts of economic conditions on total fertility rate in Denmark within half a century from 1956 to 2008. From the regression result of the first model VAR (4), there are slight difference in the impacts caused by GDP per capita, consumer price index and unemployment rate respectively. However, the general trends are similar. When divided the research period into two separate ones according to the change of the total fertility rate, regression results told us there are slight differences in impacts. It is hard to get all questions clear in one article, and this paper leaves more detailed issues to discuss in further studies.
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