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We study the relationship between education and fertility, exploiting compulsory schooling reforms in England and … Continental Europe, implemented between 1936 and 1975. We assess the causal effect of education on the number of biological … children and the incidence of childlessness. We find surprising results for Continental Europe: the additional education …
Persistent link: https://www.econbiz.de/10010431274
development. It affects human capital through both religious and secular education. It affects population and labor by influencing … work effort, fertility, and the demographic transition. And it affects total factor productivity by constraining or …
Persistent link: https://www.econbiz.de/10014383297
relocate to new labor markets, individuals in the middle of their careers reduce fertility and adjust family formation …
Persistent link: https://www.econbiz.de/10012745247
may be self-enforcing also in a more general model where education is an alternative to work, and the disutility of child …
Persistent link: https://www.econbiz.de/10014505309
nutrition of their offspring. In this setting we demonstrate that relatively high metabolic costs of fertility, which may have …
Persistent link: https://www.econbiz.de/10011774936
This paper studies within-family decision making regarding investment in income protection for surviving spouses. A change in US pension law (the Retirement Equity Act of 1984) is used as an instrument to derive predictions both from a simple Nash-bargaining model of the household and from the...
Persistent link: https://www.econbiz.de/10011410000
In a model on population and endogenous technological change, Kremer combines a short-run Malthusian scenario where income determines the population that can be sustained, with the Boserupian insight that greater population spurs technological change and can therefore lift a country out of its...
Persistent link: https://www.econbiz.de/10011449334
This paper explores the role of marriage when markets are incomplete so that individuals cannot diversify their idiosyncratic labor income risk. Ceteris paribus, an individual would prefer to marry a hedge (i.e. a spouse whose income is negatively correlated with her own) as it raises her...
Persistent link: https://www.econbiz.de/10011399259
Yes, subject to concerns about Medicare inefficiencies and potentially self-confirming skepticism. The U.S. social security system-broadly defined to include Medicare-faces significant financial problems as the result of an aging population. But demographic change is also likely to raise...
Persistent link: https://www.econbiz.de/10011511045
This paper explores how EU countries can address various challenges (including the aging of the population) affecting their systems of old-age income support. It presents two scenarios illustrating the most important uncertainties surrounding the major developments that affect the pension...
Persistent link: https://www.econbiz.de/10011408835