Boldrin, Michele; De Nardi, Mariacristina; Jones, Larry E. - 2005
fertility. What type of model is consistent with this finding? We explore this question using two models of fertility: one by …-age transfers.The effect of increases in government provided pensions on fertility in the Barro and Becker model is very small …, whereas the effect on fertility in the Boldrin and Jones model is sizeable and accounts for between 55 and 65% of the observed …