Brezis, Elise S.; Dos Santos Ferreira, Rodolphe - 2015
Since the seminal work of Becker, the dynamics of endogenous fertility has been based on the trade-off faced by parents … source of household income, parents actually incur a negative cost for having an extra child, so that the trade … upstream, so as to keep fertility endogenous. We do that by adding a negative "sibship size effect" on human capital formation …