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population growth, an implication which is hard to see in the data. Here we integrate micro-founded fertility and schooling into … future economic growth - when fertility is going to be below replacement level in virtually all fully developed countries …
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This paper reviews Gary Becker's contributions to the economic analysis of fertility, from his 1960 paper introducing … the quantity-quality tradeoff to later work linking the economics of fertility to the theory of economic growth. …
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setup with micro-founded fertility and schooling behavior. We then show how a Beckerian child quality-quantity trade …-run prospects for future economic growth - when fertility is going to be below replacement level in virtually all developed …
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