In this paper, I extend the Barro-Becker model of endogenous fertility to incorporate specific fiscal policies and use … it to study the effects of the fiscal policy changes following WWII on fertility in the United States. The US government … government's debt policy may also matter for understanding fertility choices because government debt implies a tax burden on …

In this paper, I extend the Barro-Becker model of endogenous fertility to incorporate specific fiscal policies and use … it to study the effects of the fiscal policy changes following WWII on fertility in the United States. The US government … government's debt policy may also matter for understanding fertility choices because govern- ment debt implies a tax burden on …

with Easterlin's assertion that relative income influenced fertility decisions, although the effect operates only through …

) increases fertility by changing the tax burden of different generations. A higher current income tax increases fertility by … utility for them, which also increases current fertility if parents have Barro-Becker type preferences (the children's utility … generate a significant increase in fertility, which in magnitude accounts for 48% of the postwar baby boom in the US. …

general equilibrium model. The simulations show that lower fertility rates yield lower saving rates. Since lower fertility … mobility is high in China, a low fertility rate implies more future capital outflows. But if capital is less mobile, low … fertility today lowers the domestic return to capital and raises the domestic return to labor. In addition, the paper finds no …

What caused the baby boom? And, can it be explained within the context of the secular decline in fertility that has … occurred over the last 200 years? The hypothesis is that: 1. The secular decline in fertility is due to the relentless rise in …

fertility. Baby boom generations produce an echo, in the form of a large cohort of children a generation later, creating long … that transitions from high mortality and fertility to low mortality and fertility can be beneficial to economies as the … the positive effects of demographic change during 1960-95. We also show how Ireland benefited from lower fertility in the …