For more than a hundred years, advances in development were associated with decreasing fertility rates. This led to … total fertility rates far below replacement level in most developed countries. However, during the last decade fertility … human development index (HDI) with the total fertility rate (TFR) reverses from negative (increases in HDI are associated …

The effects of pension policies on fertility have been examined in the overlapping generations (OLG) model of unitary … examines how the pension policy affects the endogenous fertility of a bargaining couple who have different lifespans. The … analysis finds out a new channel of pension policy on fertility decisions: an increase in pension size affects fertility not …