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fertility model that generates an endogenous demographic transition by means of distinguishing between female and male labor. We …
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Since the seminal work of Becker, the dynamics of endogenous fertility has been based on the trade-off faced by parents … upstream, so as to keep fertility endogenous. We do that by adding a negative "sibship size effect" on human capital formation …, the possibility of a jump from a state with high fertility and low income to a state with low fertility and high income …
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