workers have a top ability if fertility is uncorrelated with ability and if the distribution of ability among sexually … necessarily eliminate inequality; nor does it disappear in the long run. Finally, if fertility is negatively correlated with …

To design an optimal education policy, it is essential to account for the fertility differential between the poor and … economy. It is very important to consider general equilibrium effects because the change in either fertility behavior or … fertility behavior, especially differential fertility substantially underestimates the role of credit constraints in the economy …

This paper develops a theory in which households prepare for future education by adjusting the number of children they … disturbances after childbirth. -- Fertility ; Lock-in effect ; Inequality ; Education …

intergenerational mobility? We study these questions with particular interest in the impact of two family choices: fertility and … transfers. Fertility rates, which are higher for low-income than high-income families, are associated with differences in the … level of resources available for children's education. To evaluate the quantitative importance of fertility and family …

We study the implications of differential fertility on cross-sectional inequality in a canonical model of the … intergenerational transmission of capital. Our main theoretical result shows that, with differential fertility, there exist stable … fertility. We establish convergence results and derive a mathematical expression for these novel atomless steady states in terms …

fertility and transfers dampen intergenerational mobility. To evaluate the quantitative importance of this mechanism, we extend … fertility, family transfers, and education. The model, estimated to the US in the 2000s, implies that a counterfactual flat … income-fertility profile would-through the equalization of initial conditions-increase intergenerational mobility by 6%. The …

This paper develops a theory in which households prepare for future education by adjusting the number of children they …

workers have a top ability if fertility is uncorrelated with ability and if the distribution of ability among sexually … necessarily eliminate inequality; nor does it disappear in the long run. Finally, if fertility is negatively correlated with …