endogenous fertility. In the neoclassical model, habits modify the economy's growth rate and generate transitional dynamics in … fertility; station- ary income per capita is associated with either increasing or decreasing population and output, depending on … fertility: the trade-off between second-period consumption and spending for bequests prompts agents to decrease fertility in …

The aim of this research is to build on a theory for explaining economic development in a (neoclassical) growth model … with endogenous fertility. The economy is comprised of overlapping generations of rational and identical individuals and … perspective, the distinguishing feature of this work is that endogenous fertility per se is able to explain the existence of low …

level of fertility. In this context, economic inequality is not only decisive for human capital investments and the … emergence of differential fertility, but also for agents' exposure to environmental pollution because wealthier households live …