This article aims to answer to what extent fertility has a causal effect on households’ economic wellbeing—an issue that has received considerable interest in development studies and policy analysis. However, only recently has this literature begun to give importance to adequate modelling...

It is generally accepted that lower population growth is associated with positive economic development. Although there is a large body of literature supporting this hypothesis at the macro level, few studies have analyzed the causal effect of fertility on household welfare at the micro level. In...