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This paper finds that fertility responds to productivity differently depending on the economy's stage of development. At low levels of development, productivity increases will increase fertility, while at the more advanced stages of development, productivity increases lower fertility. During the...
Persistent link: https://www.econbiz.de/10008560368
This study examines households’ fertility variations in response to expected permanent shifts in the return to education. Wage premiums measure␣the return to education because their long-run movements are driven by factors exogenous to the fertility process. The results indicate that high...
Persistent link: https://www.econbiz.de/10005395949