TITLE

EXPLAINING INTERNATIONAL FERTILITY DIFFERENCES

AUTHOR(S)
Manuelli, Rodolfo E.; Seshadri, Ananth
PUB. DATE
May 2009
SOURCE
Quarterly Journal of Economics;May2009, Vol. 124 Issue 2, p771
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Why do fertility rates vary so much across countries? Why are European fertility rates so much lower than American fertility rates? To answer these questions we extend the Barro-Becker framework to incorporate the decision to accumulate human capital (which determines earnings) and health capital (which determines life span). We find that cross-country differences in productivity and taxes go a long way toward explaining the observed differences in fertility and mortality.
ACCESSION #
40208305

 

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