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Discussion Paper Details

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Title: The Gender Gap, Fertility and Growth

Author(s): Oded Galor and David Weil

Publication Date: August 1995

Keyword(s): Development Trap, Fertility, Gender Gap, Growth and Multiple Equilibria

Programme Area(s): International Macroeconomics

Abstract: 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 labour input than to men's. Second, increasing women's relative wages reduces fertility by raising the cost of children more than household income. 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.

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Bibliographic Reference

Galor, O and Weil, D. 1995. 'The Gender Gap, Fertility and Growth'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1157