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 …

China and India, two Asian countries that experienced a rapid decline in fertility since the middle of the twentieth … developments, followed a path closer to the optimal fertility transition than China, where the fertility decline was state … century, are the focus of this paper. Although there is no doubt that lower fertility levels have many positive effects on the …