failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention. The …) model with fertility choice and altruism, and model ownership by introducing a minimum constraint on transfers from parents … transfer floor is binding, fertility choices are inefficient. We show how this inefficiency relates to dynamic inefficiency in …

This paper investigates how fertility responds to changes in the price of a marginal child and in household income. We … construct a large, individual-level panel data set of married Israeli women during the period 1999-2005 that contains fertility … subsidy for infra-marginal children). We find a significant and positive price effect on fertility: the mean level of marginal …

We provide evidence that lower fertility can simultaneously increase income per capita and lower carbon emissions …, eliminating a trade-off central to most policies aimed at slowing global climate change. We estimate the effect of lower fertility … on carbon emissions accounting for the fact that changes in fertility patterns affect carbon emissions through three …

orphaned children. On the other hand, widespread community infection lowers fertility, both directly, through a reduction in … attainment, the fertility effect dominates. The AIDS epidemic, on net, enhances the future per capita consumption possibilities …

intergenerational altruism. Thus, immigrants may be self-selected on fertility. Soviet Jews who migrate to Israel despite high migration …. Selection on altruism can explain why historically immigrant-absorbing countries like the U.S. have higher fertility than other …

access to educational opportunities could permanently reduce inequality. Empirical evidence suggests that the fertility …