This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit … among the decisions on marriage, fertility and divorce. …

agree on wanting a child. Using newly available data on fertility preferences and outcomes, we show that indeed, babies are … bargaining model of fertility choice and match the model to data from a set of European countries with very low fertility rates …. The distribution of the burden of child care between mothers and fathers turns out to be a key determinant of fertility. A …

fertility setting. In the model of a small open economy, higher fertility is associated with a reduction of lifetime labor … supply. The optimum share of fertility-related pensions is always below unity, but generally positive. The former is true … demonstrated that child allowances are equivalent to fertility-related pensions as instruments to achieve an efficient allocation. …

family environment. This paper presents a theory of growth in which human capital is determined by inheritable factors and … fertility rates and reducing output growth in the transitional dynamics. If human or physical stocks are sufficiently low, the … model shows that an economy can be caught in a fertility-caused poverty trap, while countries with more resources will …