Differential Fertility, Human Capital, and Development
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Tom Vogl: Princeton University and NBER
Working Papers from Princeton University, Woodrow Wilson School of Public and International Affairs, Center for Health and Wellbeing.
Using micro-data from 48 developing countries, I document a recent reversal in the income-fertility relationship and its aggregate implications. Before 1960, children from larger families had richer parents and obtained more education. By centuryâ€™s end, both patterns had reversed. Consequently, income differentials in fertility historically raised average education but now reduce it. While the reversal is unrelated to changes in GDP, womenâ€™s work, sectoral composition, or health, half is attributable to rising aggregate education in the parentsâ€™ generation. The results support a model in which rising skill returns lowered the minimum income at which parents invest in education.
JEL-codes: E24 I25 J10 O10 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:pri:cheawb:july2013-2
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