You are not currently logged in.
Access JSTOR through your library or other institution:
The Gender Gap, Fertility, and Growth
Oded Galor and David N. Weil
The American Economic Review
Vol. 86, No. 3 (Jun., 1996), pp. 374-387
Published by: American Economic Association
Stable URL: http://www.jstor.org/stable/2118202
Page Count: 14
You can always find the topics here!Topics: Economic growth models, Female fertility, Relative wages, Child rearing, Men, Steady state economies, Economic capital, Human capital, Fertility rates, Economics
Were these topics helpful?See something inaccurate? Let us know!
Select the topics that are inaccurate.
Preview not available
This paper examines a novel mechanism linking fertility and growth. There are three components to the model: first, increases in capital per worker raise women's relative wages, since capital is more complementary to women's labor input than to men's. Second, increasing women's relative wages reduces fertility by raising the cost of children more than household income. And third, lower fertility raises the level of capital per worker. This positive feedback loop generates a demographic transition: a rapid decline in fertility accompanied by accelerated output growth.
The American Economic Review © 1996 American Economic Association