TY - JOUR AU - Ananat,Elizabeth Oltmans AU - Hungerman,Daniel M. TI - The Power of the Pill for the Next Generation JF - National Bureau of Economic Research Working Paper Series VL - No. 13402 PY - 2007 Y2 - September 2007 UR - http://www.nber.org/papers/w13402 L1 - http://www.nber.org/papers/w13402.pdf N1 - Author contact info: Elizabeth Ananat Sanford Institute of Public Policy Duke University Box 90245 Durham, NC 27708 Tel: 919/613-7302 Fax: 919/681-8288 E-Mail: eoananat@duke.edu Daniel M. Hungerman Department of Economics University of Notre Dame 439 Flanner Hall Notre Dame, IN 46556-5602 Tel: 574/631-4495 Fax: 574/631-4783 E-Mail: dhungerm@nd.edu AB - In this paper we ask how the diffusion of oral contraception to young unmarried women affected the number and maternal characteristics of children born to these women. Using census data, we find that early pill access led to an increase in the share of children whose mothers were married, college-educated, and had professional occupations. The pill's effects on the average mother are different from the pill's effects on the average woman, and the effects of the pill on maternal characteristics are in some instances different from the effects of abortion. We investigate the mechanisms by which the pill led to these differential effects and find that access to the pill led to falls in short-term fertility rates for young women and led to decreases in lifetime fertility at the intensive and extensive margins. The impacts of the pill on household characteristics are thus associated with retiming of births, changes in the characteristics of potential mothers, changes in which women become mothers, and by reductions in completed family size. Finally, while the pill affected maternal characteristics differently than abortion, we find suggestive results that availability of the pill lowered abortions among young women. ER -