Editing Overlapping generations model (section)

=== OLG model with endogenous fertility ===
Oded Galor and his co-authors develop OLG models where population growth is endogenously determined to explore: (a) the importance the narrowing of the [[gender wage gap]] for the fertility decline,<ref name=":1" /> (b) the contribution of the rise in the return to human capital and the decline in fertility to the transition from stagnation to growth,<ref name=":2" /><ref>{{Cite journal|last1=Galor|first1=Oded|last2=Moav|first2=Omer|date=2002|title=Natural selection and the origin of economic growth|journal=The Quarterly Journal of Economics|volume=117|issue=4|pages=1133–1191|doi=10.1162/003355302320935007|citeseerx=10.1.1.199.2634}}</ref> and (c) the importance of population adjustment to technological progress for the emergence of the [[Malthusian trap]].<ref>{{Cite journal|last1=Ashraf|first1=Quamrul|last2=Galor|first2=Oded|date=2011|title=Dynamics and stagnation in the Malthusian epoch|journal=American Economic Review|volume=101|issue=5|pages=2003–2041|doi=10.1257/aer.101.5.2003|pmid=25506082|pmc=4262154}}</ref>