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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,...
Persistent link: https://www.econbiz.de/10005051270
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...
Persistent link: https://www.econbiz.de/10005048011
Recent growth papers have utilized the Ben-Porath 1967 mechanism according to which prolonging the period in which individuals may receive returns on their investment spurs investment in human capital and cause growth. Implicitly, one implication of these models is that total labor input over...
Persistent link: https://www.econbiz.de/10005069273
Persistent link: https://www.econbiz.de/10005051229