This paper develops a theoretical framework to consider fertility decisions within an endogenous sorting model of neighborhood effects. The models in the literature typically assume that each family is endowed with children whose expected schooling outcomes are determined by parental preferences...

For a given technology, two ways are available to achieve low polluting emissions: reducing production per capita or reducing population size. This paper insists on the tension between the former and the latter. Controlling pollution either through Pigovian taxes or through tradable quotas...

Although the optimal policy under endogenous fertility has been widely studied, the optimal public intervention under endogenous childbearing age has remained largely unexplored. This paper examines the optimal family policy in a context where the number and the timing of births are chosen by...

We examine the effect of source-based capital taxation on capital accumulation in countries with endogenous fertility and free international capital mobility. When fertility is constant, a tax cut accelerates domestic capital accumulation through international arbitrage and exerts negative...

The paper proposes an economic and cultural mechanism that can predict a fertility transition and its timing. The cultural structure of the population is endogenously determined by a cultural evolution mechanism. The fertility rates reduction in the long run is always the result of an...

This paper is devoted to the study of the Pareto-efficiency of the competitive equilibrium for an overlapping generations economy with endogenous fertility. Pareto-efficiency needs a reformulation when fertility is endogenous. Then it is proved that a competitive equilibrium that converges in...

In overlapping generations models with endogenous fertility wherein the retired partake of consumption but do not contribute to production (through their labor), fertility has a positive and a negative externality. These can be internalized through a child allowance (or tax) or a linkage between...

Some earlier papers examine whether child allowances can raise fertility or not in an endogenous fertility model with a defined contribution pension system. They derive that a child allowance can raise fertility. This paper is aimed at deriving the level of child allowances or education...

We constructed an overlapping-generations model with endogenous fertility to analyze the effects of child benefits and pensions on the welfare of current and future generations. The following results were obtained. First, in the case without pension and accelerated fiscal reforms, the best...

Pareto-efficiency of the competitive equilibrium is studied for a simple economy with overlapping generations and endogenous fertility. For CES utility and production functions, the properties of the economy are closely related to the two elasticities of substitution. The competitive equilibrium...