The historical fertility transition is the process by which much of Europe and North America went from high to low … fertility in the nineteenth and early twentieth centuries. This transformation is central to recent accounts of long …-run economic growth. Prior to the transition, women bore as many as eight children each, and the elasticity of fertility with …

the rise in the demand for human capital in the process of development was the main trigger for the decline in fertility … and the transition to modern growth -- Demographic transition ; Gender Gap ; Human capital ; Fertility ; Mortality …

failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention. The …) model with fertility choice and altruism, and model ownership by introducing a minimum constraint on transfers from parents … transfer floor is binding, fertility choices are inefficient. We show how this inefficiency relates to dynamic inefficiency in …