This paper develops a theory of the fertility choice that focus on the shadow price of the quality of children and fertility rate within a framework of long (term economic growth. The analysis also links the shadow price of quality with) the interaction between fertility and economic growth....

Since 1980, US wage growth has been fastest in large cities. Empirically, we show that most of this urban-biased growth reflects wage growth at large Business Services firms, which are also the most intensive users of information and communications technology (ICT) capital in the US economy. We...