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the rise in the demand for human capital in the process of development was the main trigger for the decline in fertility … and the transition to modern growth -- Demographic transition ; Gender Gap ; Human capital ; Fertility ; Mortality …
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parameters can lead to different patterns on the joint evolution of human capital and (endogenous) fertility choices. These …, fertility is procyclical. Contrary to existing analyses, endogenous economic fluctuations emerge only when the substitution …
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We build an overlapping generations model with endogenous fertility choices as well as public and private expenditures … additional explanation behind a salient feature of demographic transition; that is, the fertility decline along the process of …
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