the effects of the same fertility and mortality shocks across models with and without children. Simulations show that … while child dependency changes the direction of the impact of the fertility transition on external imbalances in the short …

and innovation) and therefore, long- run economic growth of an economy by working through the influence of fertility rates … simultaneous decline in fertility rate reduces total factor productivity growth by contracting the stock of human capital. The … fertility. Therefore, the economy grows at the rate of population growth at the macro level under the two regimes. Also, it is …

shocks (permanent or transitory; fertility or mortality) and also on the stage of demographic shocks. Second, less generous … specialization in labor-intensive sectors tends to decrease investment and drive capital outflows in the face of fertility growth …

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 …

High-income countries have generally experienced falling fertility in recent decades. In most of these countries, the … total fertility rate is now below the level that implies a stable population in the long run. This has led to concerns among … economists, policymakers, and the wider public about the economic consequences of low fertility and population decline. In this …

We assess Africa's prospects for enjoying a demographic dividend. While fertility rates and dependency ratios in Africa …

the dynamic evolution of income and fertility distributions and their interdependencies over three endogenous phases of … economic development. In our model, heterogeneous families determine fertility and children's human capital, and generations … dynamic behavior of inequalities in fertility, educational attainments, and three endogenous income inequality measures …

fertility rates and population growth in various regions of the world, enabling economies to convert a larger share of the …