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The Power of the Pill: Oral Contraceptives and Women's ... - Mail

The Power of the Pill: Oral Contraceptives and Women's ... - Mail

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<strong>The</strong> <strong>Power</strong> <strong>of</strong> <strong>the</strong> <strong>Pill</strong>: <strong>Oral</strong> <strong>Contraceptives</strong> <strong>and</strong><br />

Women’s Career <strong>and</strong> Marriage Decisions<br />

Claudia Goldin <strong>and</strong> Lawrence F. Katz<br />

Harvard University <strong>and</strong> National Bureau <strong>of</strong> Economic Research<br />

<strong>The</strong> fraction <strong>of</strong> U.S. college graduate women entering pr<strong>of</strong>essional<br />

programs increased substantially just after 1970, <strong>and</strong> <strong>the</strong> age at first<br />

marriage among all U.S. college graduate women began to soar<br />

around <strong>the</strong> same year. We explore <strong>the</strong> relationship between <strong>the</strong>se two<br />

changes <strong>and</strong> <strong>the</strong> diffusion <strong>of</strong> <strong>the</strong> birth control pill (“<strong>the</strong> pill”) among<br />

young, unmarried college graduate women. Although <strong>the</strong> pill was<br />

approved in 1960 by <strong>the</strong> Food <strong>and</strong> Drug Administration <strong>and</strong> spread<br />

rapidly among married women, it did not diffuse among young, single<br />

women until <strong>the</strong> late 1960s after state law changes reduced <strong>the</strong> age<br />

<strong>of</strong> majority <strong>and</strong> extended “mature minor” decisions. We present both<br />

descriptive time series <strong>and</strong> formal econometric evidence that exploit<br />

cross-state <strong>and</strong> cross-cohort variation in pill availability to young, unmarried<br />

women, establishing <strong>the</strong> “power <strong>of</strong> <strong>the</strong> pill” in lowering <strong>the</strong><br />

costs <strong>of</strong> long-duration pr<strong>of</strong>essional education for women <strong>and</strong> raising<br />

<strong>the</strong> age at first marriage.<br />

<strong>The</strong> careers <strong>of</strong> college graduate women <strong>and</strong> <strong>the</strong>ir age at first marriage<br />

both changed significantly in <strong>the</strong> United States with cohorts born<br />

around 1950. Women were 10 percent <strong>of</strong> first-year law students in 1970<br />

We have benefited from conversations <strong>and</strong> communications with Joshua Angrist, John<br />

Bound, Judith Chevalier, Edward Glaeser, Michael Kremer, David Laibson, David I. Levine,<br />

Steven Levitt, Rhona Mahony, Ellen Meara, Casey Mulligan, Alvin Roth, Kathryn Shaw,<br />

<strong>and</strong> Andrei Shleifer <strong>and</strong> from seminar participants at University <strong>of</strong> California at Berkeley,<br />

University <strong>of</strong> Chicago, Harvard, Massachusetts Institute <strong>of</strong> Technology, University <strong>of</strong> Michigan,<br />

NBER, Ohio State University, Uppsala University, <strong>and</strong> University <strong>of</strong> Wisconsin. John<br />

Donohue <strong>and</strong> Steven Levitt generously provided <strong>the</strong> abortion data. An earlier version was<br />

improved by <strong>the</strong> comments <strong>of</strong> two anonymous referees. For research assistance we thank<br />

Anne Berry <strong>and</strong>, especially, Tara Watson <strong>and</strong> acknowledge <strong>the</strong> Spencer Foundation in<br />

providing that funding.<br />

[Journal <strong>of</strong> Political Economy, 2002, vol. 110, no. 4]<br />

2002 by <strong>The</strong> University <strong>of</strong> Chicago. All rights reserved. 0022-3808/2002/11004-0004$10.00<br />

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