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Fertility Theories: Can They Explain the Negative Fertility-Income Relationship?
Jones, Larry E.; Tertilt, Michele; Schoonbroodt, Alice - National Bureau of Economic Research (NBER) - 2008
invest more in children and less in market-specific human capital and thus have lower earnings. We revisit these and other …
Persistent link: https://www.econbiz.de/10005084746
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Complements versus Substitutes and Trends in Fertility Choice in Dynastic Models
Jones, Larry E.; Schoonbroodt, Alice - National Bureau of Economic Research (NBER) - 2007
due to an implicit assumption that number and utility of children are complements, which is a byproduct of the high …
Persistent link: https://www.econbiz.de/10005777362
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Fertility and Social Security
De Nardi, Mariacristina; Jones, Larry E.; Boldrin, Michele - National Bureau of Economic Research (NBER) - 2005
Becker model parents have children because they perceive their children's lives as a continuation of their own. In the … Boldrin and Jones' framework parents procreate because the children care about their old parents' utility, and thus provide …
Persistent link: https://www.econbiz.de/10005778365
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Baby Busts and Baby Booms: The Fertility Response to Shocks in Dynastic Models
Jones, Larry E.; Schoonbroodt, Alice - National Bureau of Economic Research (NBER) - 2010
Economic demographers have long analyzed fertility cycles. This paper builds a foundation for these cycles in a model of fertility choice with dynastic altruism and aggregate shocks. It is shown that under reasonable parameter values, fertility is pro-cyclical and that, following a shock,...
Persistent link: https://www.econbiz.de/10008765614