This paper examines the hypothesis of a quickening of capital replacement, triggered by the acceleration of technical progress. We present a microeconomic model of replacement processes inspired by the "unbalanced growth" school, highlighting the role of productivity in determining the growth...

Recent empirical evidence show considerable variation in the degree of labor market participation of women during childbearing across different countries. In order to investigate this issue, we analyze intertemporal employment patterns and its interaction with fertility, comparing countries...