A large number of pairs of countries exhibit a dynamic pattern in which: (i) Fertility in both countries declines across time; (ii) Initially one country has higher fertility and lower per-capita income compared to the other; (iii) In time, as per-capita income converges, fertility rates in the...

We present a model in which the gender gap in wages displays non-monotonic dynamics of the type observed in the US during the twentieth century. We show that the dynamics of the gender gap depend on the number of women that work at home in the early stage of their life and join the labor force...

The past century has witnessed major changes in the economic choices of American women. Over the long term, there has been a marked trend towards lower fertility and higher female labor force participation. However, change did not occur in a uniform fashion: during the post-war Baby Boom,...

rates that are consistent with U.S data.