Cohen, Alma; Dehejia, Rajeev; Romanov, Dmitri - In: The Review of Economics and Statistics 95 (2013) 1, pp. 1-20
identify the impact of changes in the price of a marginal child on fertility. We find a positive, statistically significant …, and economically meaningful price effect on overall fertility and, consistent with Becker (1960) and Becker and Tomes … (1976), a small effect of income on fertility, which is negative at low and positive at high income levels. We also find a …