In this paper we study the effects of short-term fluctuations in indic
ators of economic well-being on selected demographic response such as
births, marriages and deaths at age intervals in eleven Latin American
countries between 1910 and 1990. We use conventional distributed lag
models to assess the magnitude and direction of effects and test a var
iety of hypotheses some of which have been posed to hold in Western Eu
rope and others that are more specific and tailored to the Latin Ameri
can context. We also compare the magnitude and direction of effects ob
tained among these countries with those obtained for pre-industrial Eu
rope and uncover the existence of broadly similar patterns.