Abstract
Empirical studies indicate that the transition to parenthood is influenced by an individualâspeer group. To study the mechanisms that create interdependencies across individualsâtransition to parenthood and its timing we apply an agentâbased simulation model. Webuild a oneâsex model and provide agents with four different characteristics. Based onthese characteristics, agents endogenously form their network. Network members then mayinfluence the agentsâ transition to higher parity levels. Our numerical simulations indicatethat accounting for social interactions can explain the shift of firstâbirth probabilities inAustria over the period 1984 to 2004. Moreover, we apply our model to forecast ageâspecific fertility rates up to 2021.
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