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critical for understanding the relationship between aggregate fertility and household savings. First, we document that parents … perceive children as an important source of old-age support and that, in partial equilibrium (PE), increased fertility lowers … aggregate fertility on household savings …
Persistent link: https://www.econbiz.de/10013053493
fertility. What type of model is consistent with this finding? We explore this question using two models of fertility, the one … them with old age transfers. The effect of increases in government provided pensions on fertility in the Barro and Becker … model is very small, and inconsistent with the empirical findings. The effect on fertility in the Boldrin and Jones model is …
Persistent link: https://www.econbiz.de/10013223341
developing countries. This paper presents a theoretical model which integrates micro-level decision making about fertility and …
Persistent link: https://www.econbiz.de/10013309359
This paper studies the effect of mothers' education on fertility in a population with very low female labor force … large increase in schooling attainment triggered a sharp decline in completed fertility. We show that no other changes … convergence in fertility and schooling, changes in labor-force participation, age upon marriage, marriage and divorce rates, and …
Persistent link: https://www.econbiz.de/10013128898
The current study finds that societies which historically engaged in plough agriculture today have lower fertility. We … fertility …
Persistent link: https://www.econbiz.de/10013131131
This paper examines how marital and fertility patterns have changed along racial and educational lines for men and …
Persistent link: https://www.econbiz.de/10013133921
Economic demographers have long analyzed fertility cycles. This paper builds a foundation for these cycles in a model … of fertility choice with dynastic altruism and aggregate shocks. It is shown that under reasonable parameter values …, fertility is pro-cyclical and that, following a shock, fertility continues to cycle endogenously as subsequent cohorts enter …
Persistent link: https://www.econbiz.de/10013135236
issues, including female labor force participaiton, fertility, labor market regulation, redistribution, growth, and financial …
Persistent link: https://www.econbiz.de/10013139141
Persistent link: https://www.econbiz.de/10013119780
We assess quantitatively the effect of exogenous reductions in fertility on output per capita. Our simulation model … quantitative macroeconomic theory. We apply the model to examine the effect of a change in fertility from the UN medium-variant to …
Persistent link: https://www.econbiz.de/10013120983