Family size related to wealth: St Louis Fed

Richer people tend to have more children, new research from the St Louis Federal Reserve finds.

The paper examines the impact of the economic expansion in the Appalachian coal-mining counties of the United States that occurred during the coal boom of the 1970s and shows that fertility increased in coal-rich counties relative to other counties at that time. The paper also finds that college-educated women aged between 40 and 50 who reside in urban areas with relatively high housing prices and who

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