-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 …

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 …

parental education and health investments. We show that i) there is a complementarity between education and health: if parents …