combination of purchased and own care, the effect of income on fertility is ambiguous, even if quantity of children is a normal … income effect on fertility is positive when quantity is a normal good. (iii) If, on the other hand, there only is own care …, there is a different kind of quantity quality trade off. The income effect on fertility is positive if quantity is a closer …

endogenous fertility that address the problem of fiscal redistribution between young and old cohorts in the presence of an aging …

disturbances after childbirth. -- Fertility ; Lock-in effect ; Inequality ; Education …

heterogeneity of rearing costs and of enjoying children is introduced. Two major results: (i) excluding negative savings, fertility … decreases with pension contributions and increases with taxes; (ii) the introduction of fertility-dependent pensions may … strengthen heterogeneity in fertility. …

social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … fertility and the elderly labor supply in the economy as a whole. It shows that governments can realize the first …

We use an econometric model of fertility and children’s activities to examine the causal effects of fertility on a … child’s activities taking the endogeneity of fertility into account. Our specification is nonlinear and simultaneous and … uses latent factors to allow for unobserved influences on fertility to affect a child’s activities. We apply maximum …