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Persistent link: https://www.econbiz.de/10008775936
Parenthood postponement is a key demographic trend of the last three decades. In order to rationalize that stylized fact, we extend the canonical model by Barro and Becker (Econometrica 57:481–501, <CitationRef CitationID="CR1">1989</CitationRef>) to include two—instead of one—reproduction periods. We examine how the cost structure...</citationref>
Persistent link: https://www.econbiz.de/10011151120