This paper develops a theory of the fertility choice that focus on the shadow price of the quality of children and … interaction between fertility and economic growth. Through the choice of per child quality within family, the analysis contributes … to narrowing the many remaining gaps between endogenous family decisions on fertility and aggregate economic growth …

family environment. This paper presents a theory of growth in which human capital is determined by inheritable factors and … family size. The distribution of income is shown to affect the number of births, with greater inequality raising the … fertility rates and reducing output growth in the transitional dynamics. If human or physical stocks are sufficiently low, the …

relationship between fertility rates and income was positive. On the other hand, there were those who raised the possibility that … this linkage did not occur, and they emphasized that an increase in income did not necessarily lead to having more children … show that those who took the view that an increase in income leads to the desire to have more children, did not take into …

A large number of pairs of countries exhibit a dynamic pattern in which: (i) Fertility in both countries declines … across time; (ii) Initially one country has higher fertility and lower per-capita income compared to the other; (iii) In time …, as per-capita income converges, fertility rates in the poorer country become lower than in the richer one.This paper …