This paper presents a dynamic model of fertility decisions in which children serve as an incomplete insurance good. The … number of children. It contributes to the understanding of the negative relation between fertility and education, shows why … parents may demand children even if the return is negative, and explains why fertility might rise with increasing income when …

Fertility Revolution" and questions regarding the applicability of the theory of household choice in modernizing societies. This …

Economic and demographic outcomes are determined jointly in a choice-theoretic model of fertility, mortality and …

relative change between fertility and mortality in the semi-endogenous growth framework. Copyright The Author(s) 2013 … have a positive impact on per capita output growth, (2) decreases in fertility have a negative impact on per capita output … growth, (3) the positive longevity effect dominates the negative fertility effect in case of the endogenous growth framework …

We examine the effect of source-based capital taxation on capital accumulation in countries with endogenous fertility … and free international capital mobility. When fertility is constant, a tax cut accelerates domestic capital accumulation … endogenous fertility, a tax cut by an economy with a higher tax rate and exporting capital may deter capital accumulation and …