Skill composition, fertility, and economic growth

    Research output: Contribution to journalArticle

    Abstract

    While high fertility persists in the poorest countries and fertility declines with per capita income in developing countries, fertility and per capita income are now positively associated across most developed countries. This paper presents a model where a U-shaped relationship between overall fertility and per capita income reflects within country differences in workforce skill composition and household choice of occupation, fertility, and childrearing. The fraction of skilled workers rises with economic growth. By allowing for both differences in the fertility of skilled and unskilled workers and purchased childrearing inputs, we explain a poverty trap with high fertility, fertility decline with economic development, and the possible reversal of fertility decline in a developed economy where most workers are skilled.
    Original languageEnglish
    Pages (from-to)164-178pp
    JournalReview of Income and Wealth
    Volume61
    Issue number1
    DOIs
    Publication statusPublished - 2015

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