We generalize a trade model with firm-specific heterogeneity and R&D-based growth to allow for an endogenous education …

firms. In so doing we integrate a micro-founded education and fertility decision of households into a model of international … in the education level of its population, ii) the export share of a country decreases in the birth rate of its population …, iii) the average profitability of firms increases in the education level of a country, iv) the average profitability of …

We set up a unified growth model with gender-specific differences in tastes for consumption, fertility, education of … developed countries, we assume that mothers desire to have no more children than fathers and to invest no less in education per … education, and sluggish economic growth towards a state of low fertility, high education, and fast economic growth if the child …

This study presents a novel theory on the interaction of social norms, fertility, education, and their joint impact on … existence of two steady states. At the traditional steady state, the economy stagnates, fertility is high, education is minimal … population has abandoned traditional beliefs, modern contraceptives are used, fertility is low and education and economic growth …

-founded education and fertility decision of households into a model of international trade with firm heterogeneity. Our theoretical … framework leads to two testable implications: i) the export share of a country increases with the education level of its … population, ii) the average profitability of firms located in a country also increases with the education level of its population …