Household Decisions Reshape Fertility Trends, Challenging Population Policies
The article discusses economic models that try to predict how many children a family will have based on their income and expenses. The models suggest that families will keep having children until the cost of raising another child is almost zero. However, this prediction doesn't seem to hold true in developed countries. A more realistic model that considers factors like family size along with income doesn't give clear guidelines for making decisions about family size.