In this survey, we argue that the economic analysis of fertility has entered a new era. First-generation models of … fertility choice were designed to account for two empirical regularities that, in the past, held both across countries and … across families in a given country: a negative relationship between income and fertility, and another negative relationship …

In this paper, we use data from the US census to document the history of the relationship between fertility choice and … several new facts that should be useful for researchers trying to model fertility. (1) The reduction in fertility known as the … Demographic Transition (or the Fertility Transition) seems to be much sharper based on cohort fertility measures compared to usual …

who are not born. We show how these concepts relate to the notion of Pareto-efficiency when fertility is exogenous. We …