Lundholm, Michael; Ohlsson, Henry - Nationalekonomiska institutionen, Stockholms Universitet - 1998
combination of purchased and own care, the effect of income on fertility is ambiguous, even if quantity of children is a normal … income effect on fertility is positive when quantity is a normal good. (iii) If, on the other hand, there only is own care …, there is a different kind of quantity-quality trade-off. The income effect on fertility is positive if quantity is a closer …