Working Paper BETA #2017-03

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Title : A Cliometric Model of Unified Growth. Family Organization and Economic Growth in the Long Run of History

Author(s) : Claude Diebolt, Faustine Perrin

Abstract : This chapter explores the role of gender equality over the long-run economic and demographic development path of industrialized countries. It accounts for changes in fertility, technology, and income per capita in the transition from stagnation to sustained growth. Our unified cliometric growth model of female empowerment suggests that changes in gender relations, triggered by endogenous skill-biased technological progress, induce women to invest in skilled education and engage a process of human capital accumulation. In parallel, a higher time spent by women in education increases the opportunity cost of having children and reduces fertility. This positive feedback loop generates both a demographic and an economic transition.

Key-words : Cliometrics, Economic Growth, Gender, Fertility, Human Capital

JEL Classification : J1, N3, O4