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The family is a key socio-economic unit in society. The nature of its organization is shaped by cultural values and … gender norms that change slowly over time. This implies that history matters in the sense that social institutions (e.g. the … family, values, norms) tend to reproduce themselves over time, revealing a certain inability to make the necessary …
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This paper develops a dynamic general equilibrium model of fertility, human capital accumulation, child labor and … survival probability leads to falling fertility, eventually to investment into schooling and the demise of child labor. Child … generate a demographic transition. Falling mortality can only explain a relatively small part of the fertility decline. A …
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