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This paper provides a new explanation for the narrowing and reversal of the gender education gap. It highlights the indirect effect of returns to human capital on parents' preferences for sons and the resulting demand for children and education. We assume that parents maximize the full income of...
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Conventional wisdom suggests that in developed countries income and fertility are negatively correlated. We present new … evidence that between 2001 and 2009 the cross-sectional relationship between fertility and women's education in the U.S. is U … explaining the positive correlation between fertility and female labor supply along the educational gradient. In our model …
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