"Malthusian stagnation" result. Furthermore, optimal allocations exhibit inequality, differential fertility, random consumption … environments characterized by fixed resources, endogenous fertility, and full information. Individuals in our environment are fully … et al. (2007). We also show that efficient allocation in the endogenous fertility case differs significantly from its …

level of fertility. In this context, economic inequality is not only decisive for human capital investments and the … emergence of differential fertility, but also for agents' exposure to environmental pollution because wealthier households live … effect of inequality and pollution on economic growth is amplified, if the population group that is least affected decides …

, thus implying lower fertility and higher quality per child. This causes intergenerational persistence in fertility … decisions and wages. Controlling for the initial distribution of wealth, we show that economic growth increases inequality and … fertility differentials. Furthermore, we endogenize redistribution by implementing a median voter system. Due to fertility …

development is developed and estimated from data for 54 countries. The results indicate that a reduction of income inequality … leads to lower fertility and mortality, to improvedbasic needs satisfaction, and to lower labour force participation of …, the results indicate that a reduction of income inequality does not impair the formation of physical capital, but enhances …