Malthus revisited: Fertility decision making based on quasi-linear preferences

Malthus' (1798) population hypothesis is inconsistent with the demographic transitions and the massive income expansion observed among industrialised countries. The current study shows that eliminating the income-effect on the demand for children from Malthus' theory makes consistent with industrial development.

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Year of publication:	2008
Authors:	Weisdorf, Jacob L.
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 99.2008, 1, p. 127-130
Publisher:	Elsevier

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005269926