Fertility rate in Scandinavia linked to economic cycles
Looking at the fertility rate trend in Scandinavian countries, it seems correlated with economic cycles, it fell during the first economic downturn post ww2 in 1970s and early 80s, then rose again with the upswing in 1990s and 2000s, fell again post 2008 financial crisis. I am curious if this correlation is indeed true, I dont see this trend in other countries like UK or US, when UK had much more troubled 70s and 80s?
