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Economic approaches to understanding families
1University of Chicago, 1226 E. 59th Street, Chicago, IL 60637, USA. gbecker@midway.uchicago.edu
Abstract:
The economic approach helps explain the enormous changes in fertility, marriage, divorce, and human capital of families during the past 50 years. Large challenges remain to explain below-replacement fertility in over 60 countries and the consequences of such low birth rates for economic growth and other issues.
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