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 …

female employment opportunity) can, thus, be major forces in the direction of reducing fertility rates. This "cooperative …

systems had a significant immediate effect on health dynamics proxied by infant mortality and crude death rates. The findings …