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The Impact of GDP shocks on Fertility Rates

The Lowe Down

In the US, fertility rates have been steadily declining since the 2008 Financial Crisis, where “births have sunk below replacement level” (Miller). births per 1,000 women ages 15 to 44; in 2012, the rate was 63.0 Overall, 22% of the selected shocks are from 2009. births per 1,000 women.

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