This paper examines a novel mechanism linking fertility and growth. Household fertility is determined by relative wages … of women and men. Increasing women's wages reduces fertility by raising the cost of children relatively more than … household income. Lower fertility raises the level of capital per worker which in turn, since capital is more complementary to …

This article demonstrates the value of microdata for understanding the effect of wages on life cycle fertility dynamics …. Conventional estimates of neoclassical economic fertility models obtained from linear aggregate time series regressions are widely …. This article demonstrates, that when neoclassical models of fertility are estimated on microdata using methods that …

the rise in the demand for human capital in the process of development was the main trigger for the decline in fertility …