Working Women, Men's Home Time and Lowest Low Fertility.
Southern Europe’s rapid fertility decline has resulted in a positive cross-country correlation between female labor force participation and fertility. We develop a model with heterogeneity in attitudes towards women’s home time and a social externality associated to men’s home production to explain (1) this positive correlation and (2) its intertemporal reversal. Implications of the theory are evaluated using the multi-country ISSP94 household survey. We find that, within countries, household...Expand abstract
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