Interesting study on the fertility effect of permanent wage growth TLDR: Men's wage increase -> extra income gets channeled into more food for the table, bigger/safer car, ability to support more kids = more children. Women's wage increase -> extra income funds personal consumption + raises the opportunity cost of time out for pregnancy+childcare = fewer children. https://x.com/AI_EmeraldApple/status/2026348556928622789 Fertility effect of permanent wage increase from age 25 Giving women pay raise leads to them having fewer children https://x.com/MoreBirths/status/2026093209172992040