We develop a new theoretical link between inequality and growth. In our model, fertility and education decisions are … distribution increases the fertility differential between the rich and the poor, which implies thatmore weight gets placed on …. We find that this fertility-differential effect accounts for most of the empirical relationship between inequality and …

a demographic transition from high to low fertility. Even though the overall pattern is repeated, there are large cross …-country variations in the timing and speed of the demographic transition. What accounts for falling fertility during the transition to … growth, accompanied by declining fertility. The model is used to determine whether government policies that affect the …

We develop a new theoretical link between inequality and growth. In our model, fertility and education decisions are … distribution increases the fertility differential between the rich and the poor, which implies that more weight gets placed on …. We find that this fertility-differential effect accounts for most of the empirical relationship between inequality and …

agree on wanting a child. Using newly available data on fertility preferences and outcomes, we show that indeed, babies are … bargaining model of fertility choice and match the model to data from a set of European countries with very low fertility rates …. The distribution of the burden of child care between mothers and fathers turns out to be a key determinant of fertility. A …