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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 …
Persistent link: https://www.econbiz.de/10012474393
the rise in the demand for human capital in the process of development was the main trigger for the decline in fertility …
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