when the timing of births is chosen by individuals who differ as to how early fertility weakens future earnings. We analyze … dimension and the internalization of fertility externalities. Contrary to common practice, children benefits differentiated … durable “goods”; (ii) education choices; (iii) varying total fertility. …

undesirable, and where there is imperfect fertility control, leading to involuntary childlessness/parenthood. Using an equivalent … consumption approach in the consumption-fertility space, we first show that the identification of the worst-off individuals is not … robust to how the social evaluator fixes the reference fertility level. Adopting the ex post egalitarian social criterion …

the fertility technology. On the opposite, ex post egalitarianism always recommends marginal taxation. …

the fertility technology. On the opposite, ex post egalitarianism always recommends marginal taxation. …

the fertility technology. On the opposite, ex post egalitarianism always recommends marginal taxation. …

the fertility technology. On the opposite, ex post egalitarianism always recommends marginal taxation. …

This paper studies the design of pension schemes in a society where fertility is endogenous and parents differ in their …, fertility must be subsidized at the margin to correct for the externality that accompanies fertility. In a world of asymmetric … offsetting tax on fertility depending on whether the redistribution is towards people with more or less children. In the former …

undesirable, and where there is imperfect fertility control, leading to involuntary childlessness/parenthood. Using an equivalent … consumption approach in the consumption-fertility space, we first show that the identification of the worst-off individuals is not … robust to how the social evaluator fixes the reference fertility level. Adopting the ex post egalitarian social criterion …

This paper provides a unified treatment of externalities associated with fertility and human capital accumulation as … part through education. In addition to the customary externality source associated with a change in average fertility rate … alone entails a higher fertility rate and a lower ratio of high- to low-ability children, as compared to using education …

This paper studies the design of a pay-as-you-go social security system in a society where fertility is in part … children. The second-best level of investment in children, and the resulting average fertility rate, are less than their …