importantly, we also show for the first time that selection into fertility is the main driver for the previously observed …

provide suggestive evidence that different selection into fertility drives the opposite counter-cyclical results found in …

A negative relationship between income and fertility has persisted for so long that its existence is often taken for … fertility between rich and poor. We show that the relationship between income and fertility has flattened between 1980 and 2010 … in the US, a time of increasing inequality, as high income families increased their fertility. These facts challenge the …

, whose fertility choices are less constrained by the OCP than rich ones, have more children but invest less in human capital …

negative impact on fertility and supports the view of (Adsera, 2005); (Emilia Del Bono et al., 2008); (Kreyenfeld, 2005). The …

This paper concentrates on the role of job matching frictions in influencing the interactions between fertility choice … differential and whether the well-documented negative correlation between fertility choice and female earnings still holds in the … face of life-cycle choices. To address these questions, I develop a search-theoretic model that incorporates fertility and …

currently has the lowest total fertility rate in the world. In this paper, we propose a theory with status externalities and … endogenous fertility that connects these two facts. Using a quantitative heterogeneous-agent model calibrated to Korea, we find … that fertility would be 16% higher in the absence of the status externality and that childlessness in the poorest quintile …

We study the implications of differential fertility on cross-sectional inequality in a canonical model of the … intergenerational transmission of capital. Our main theoretical result shows that, with differential fertility, there exist stable … fertility. We establish convergence results and derive a mathematical expression for these novel atomless steady states in terms …

labor income tax on the fertility rate and per capita consumption. The effects on per capita consumption are opposite in the …