A core mechanism of unified growth theory is that accelerating technologicalprogress induces mass education and, in … interaction with child quantity-quality substitution, a decline in fertility. Using unique new data for 21 OECD countries over … theperiod 1750-2000, we test, for the first time, the validity of this core mechanism of unified growth theory. We measure a …

A core mechanism of unified growth theory is that accelerating technological progress induces mass education and, in … interaction with child quantity-quality substitution, a decline in fertility. Using unique new data for 21 OECD countries over the … period 1750-2000, we test, for the first time, the validity of this core mechanism of unified growth theory. We measure a …

A core mechanism of unified growth theory is that accelerating technological progress induces mass education and …, through interaction with child quantity‐quality substitution, a decline in fertility. Using unique new data for 21 OECD … countries over the period 1750-2000, we test, for the first time, the validity of this core mechanism of unified growth theory …

Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or … population growth, an implication which is hard to see in the data. Here we integrate micro-founded fertility and schooling into … future economic growth - when fertility is going to be below replacement level in virtually all fully developed countries …

Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or … setup with micro-founded fertility and schooling behavior. We then show how a Beckerian child quality-quantity trade …-run prospects for future economic growth - when fertility is going to be below replacement level in virtually all developed …

It is widely argued that declining fertility slows the pace of economic growth in industrialized countries through its … negative effect on labor supply. There are, however, theoretical arguments suggesting that the effect of falling fertility on … consumer optimization model that incorporates endogenous fertility as well as endogenous education and health investments. The …