Aaronson, Daniel; Lange, Fabian; Mazumder, Bhash - Federal Reserve Bank of Chicago - 2011
This paper examines the fertility transition through a new lens: the extensive margin. Parents with high levels of … the extensive margin, the quantity-quality trade-off cannot operate. At low levels of fertility, we expect quality and … reductions in fertility among women with high fertility levels, while at the same time inducing higher levels of fertility among …