relationship between aggregate fertility and household savings. First, we document that parents perceive children as an important … source of old-age support and that in partial equilibrium, increased fertility lowers household savings. Then, we construct … equilibrium effects can substantially overstate the effect of a change in aggregate fertility on households savings. …

dependency ratio driven by changes in fertility and longevity. For the former the smoothing argument may be appropriate, but not …

This paper studies the pre-industrial origins of modern-day fertility decline. The setting is in Anhwei Province, China …

greater inequality. To investigate this we construct a dynamic model of intergenerational education acquisition, fertility … fertility and education, a decreasing marginal effect of parental education on children's years of education, and wages that are …

an important predictor of adult life expectancy. Fertility, childhood development, longevity, education and income growth … different regimes. In a Malthusian regime with no education fertility increases with adult life expectancy. In the modern growth … regime, life expectancy and fertility move in opposite directions. The dynamics display the key features of the demographic …

This paper analyses the relationship between age-specific fertility, mortality and real wages in Sweden during the … demographic transition. We take an overlapping generation’s model of life cycle fertility and fit it to actual Swedish time …-series data over the past two and a half centuries. The model fits the data well, accurately portraying the total fertility …

life-cycle model with endogenous fertility, intergenerational transfers and human capital accumulation, we show a … macroeconomic and a microeconomic channel through which restrictions in fertility raise aggregate saving. The macro-channel operates …

in fertility levels. Changes in union formation and fertility levels, on the other hand, do have a significant impact on …

This paper attempts to disentangle the direct effects of experience from those of culture in determining fertility. We … use the GSS to examine the fertility of women born in the US but from different ethnic backgrounds. We take lagged values … of the total fertility rate in woman’s country of ancestry as the cultural proxy and use the woman’s number of siblings …