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Despite being key to theories of economic growth and the demographic transition, evidence on how fertility responds to … aggregate income change is mixed. We analyze economic growth and fertility change in the developing world over six decades …, using data on 2.3 million women from 255 surveys in 81 countries. We find that fertility responds differently to …
Persistent link: https://www.econbiz.de/10012966598
Despite being key to theories of economic growth and the demographic transition, evidence on how fertility responds to … aggregate income change is mixed. We analyze economic growth and fertility change in the developing world over six decades …, using data on 2.3 million women from 255 surveys in 81 countries. We find that fertility responds differently to …
Persistent link: https://www.econbiz.de/10012455680
This paper studies the role of credit in the business cycle, with a focus on private credit overhang. Based on a study of the universe of over 200 recession episodes in 14 advanced countries between 1870 and 2008, we document two key facts of the modern business cycle: financial-crisis...
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