Córdoba Muñoz, Juan C.; Liu, Xiying - In: Theoretical economics : TE ; an open access journal in … 17 (2022) 1, pp. 415-460
children, and costs of raising children. We show that the planner's optimal allocations are efficient in the sense of Golosov … et al. (2007). We also show that efficient allocation in the endogenous fertility case differs significantly from its …