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"This paper provides an explanation for the change in fertility and female labour supply over the post-war period [in England and Wales]. A model of fertility and labour force participation is outlined and estimated over the period 1953-82 for six age groups of women. The most significant factors to influence fertility and participation are found to be male and female earnings and education. Interest rates, number of children and the state of the labour market are also important."
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Alison Sprague (1988) studied this question.
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