; renegotiation-proofness ; altruism ; fertility ; saving ; transfers ; attention ; pensions ; credit rationing …

This paper examines the interrelationship between capital accumulation, fertility, and growth by introducing an … endogenous fertility decision into Diamond's (1965) neoclassical growth model. Under the assumptions that children provide old … cyclical fluctuations in the capital-labor ratio and fertility, as well as for development trap phenomena to be observed. It is …

We study an OLG model with child policies and a PAYG pension with endogenous retirement and fertility. The result of … of labor in old age. Fertility should be taxed or incentivized depending on whether there is full or partial retirement …