Filoso, Valerio; Papagni, Erasmo - In: European Journal of Political Economy 37 (2015) C, pp. 160-177
We study the consequences of broader access to credit and capital markets on household decisions over the number of children. A model of the net reproduction rate is estimated on data from 78 countries over the period 1995–2010. Liquidity constraints are approximated by private credit and...