Coeurdacier, Nicolas; Guibaud, Stéphane; Jin, Keyu - In: IMF Economic Review 62 (2014) 3, pp. 371-408
This paper analyzes the impact of relaxing fertility controls and expanding social security in China. We develop an overlapping generations model in which fertility decisions and capital accumulation are endogenously determined in the presence of social security. In our model, children are an...