Sommer, Kamila - Federal Reserve Board (Board of Governors of the … - 2014
-Bewley-Huggett framework augmented to include fertility decisions and infertility risk. Building on Becker and Tomes (1976), I model fertility … earnings risk lead to a postponement in births by young households, and are associated with a decline in the total number of … births. The linkage between earnings risk and fertility patterns highlights the important role that labor market conditions …