Madsen, Jakob Brøchner; Strulik, Holger - In: Quantitative Economics 14 (2023) 1, pp. 235-275
A core mechanism of unified growth theory is that accelerating technological progress induces mass education and, through interaction with child quantity-quality substitution, a decline in fertility. Using unique new data for 21 OECD countries over the period 1750-2000, we test, for the first...