This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit … the legal costs of divorce, on the interrelationships among the decisions on marriage, fertility and divorce …

show that this time consistency problem leads to a systematic downward bias in fertility choices. By keeping fertility low …, families try to mitigate the ex-ante undesired shift in the power balance. This bias in fertility choices provides scope for … overcome the fertility bias …

The present paper develops a general equilibrium model with overlapping generations and endogenous fertility in order … to analyze the interaction between public policy and household labor supply and fertility decisions. The model … benefit system and analyze the long-run impact on fertility and female labor supply. Our simulations indicate three central …

In a model with endogenous fertility and labor supply three instruments of family policies are analyzed: child benefits …

the earlier contributions, and using them to place the current state of the theory in perspective. One of its aims is to …

There has been little empirical work evaluating the sensitivity of fertility to financial incentives at the household … model of female participation and fertility, using individual data from the French Labor Force Survey and a fairly detailed … fertility decisions in France, both for the first and for the third child. As an example, an unconditional child benefit with a …

generations. It focuses particularly on labor supply but, for the second generation, also examines fertility and education …